Europe steel sections producers withdraw offers following Ukraine invasion

The price of steel hollow sections in the European domestic market was assessed unchanged this week due to a complete absence of trading after producers withdrew their offers in the wake of Russia’s invasion of Ukraine on February 24.

On Wednesday March 2, Fastmarkets’ weekly price assessment for steel sections (medium), domestic, delivered Northern Europe, was €1,080-1,160 ($1,200-1,288) per tonne, unchanged week on week.

Producers...

Published

Ross Yeo

March 03, 2022

14:02 GMT

London