Prices unchanged for European hollow sections on slow year-end market

The price of steel hollow sections in Europe remained flat on Wednesday November 24 with demand still subdued, sources told Fastmarkets.

Fastmarkets’ price assessment for steel sections (medium), domestic, delivered Northern Europe, was €1,130-1,170 ($1,271-1,316) per tonne on Wednesday, unchanged week on week.
Lower seasonal demand, with slower trading ahead of the end of the year, combined with falling feedstock costs, put pressure on hollow section prices.

“It’s all quite slow,” a...

Published

Carrie Bone

November 24, 2021

15:45 GMT

London