European hollow section market quiet, end-of-year demand tepid

The price of steel hollow sections in Europe remained flat on Wednesday December 8, with demand remaining thin, sources told Fastmarkets.

Fastmarkets’ price assessment for steel sections (medium), domestic, delivered Northern Europe was €1,080-1,150 ($1,217-1,296) per tonne on Wednesday, unchanged week on week.
Hollow section prices have been under pressure due to lower seasonal demand with the festive period approaching, paired with lower feedstock costs.

Fastmarkets’ calculation of the daily steel hot-rolled coil index, domestic, exw...

Published

Carrie Bone

December 08, 2021

16:05 GMT

London