Europe steel sections prices jump on soaring HRC costs, low availability

The price of steel hollow sections in the European domestic market jumped sharply again this week amid soaring costs and limited availability of hot-rolled coil (HRC) feedstock, sources told Fastmarkets on Wednesday March 16.

Fastmarkets’ weekly price assessment for steel sections (medium), domestic, delivered Northern Europe, was €1,500-1,700 ($1,646-1,865) per tonne on Wednesday, up from €1,330-1,380 per tonne a week earlier.
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Published

Ross Yeo

March 16, 2022

18:55 GMT

London