EUROPE SECTIONS: Market looks for recovery after hitting bottom

The price of steel hollow sections in Europe was unchanged on Wednesday October 27, with the market looking to recoup recent losses, sources have told Fastmarkets.

Fastmarkets’ price assessment for steel sections (medium), domestic, delivered Northern Europe, was €1,230-1,275 ($1,427-1,479) per tonne on Wednesday, unchanged week on week.

Market sources believed that hollow sections prices had reached a market bottom, but could recover due to rising energy costs, which have come while...

Published

Carrie Bone

October 27, 2021

16:55 GMT

London