July 2019

EUROPE SECTIONS: Prices flat on slow summer trading

The domestic prices for hollow steel sections in both Northern and Southern Europe were unchanged this week ahead of the seasonal summer break, sources told Fastmarkets on Wednesday July 31.

EUROPE SECTIONS: Prices diverge on feedstock restrictions, higher imports

The domestic prices for hollow steel sections in both Northern and Southern Europe widened this week, with increases proposed for trading done after the summer break, sources told Fastmarkets on Wednesday July 24.

CAPACITY WATCH: Sarawak blast furnace set for mid-2020 start-up

A new blast-furnace-based steel mill in Bintulu, a coastal town in the Malaysian state of Sarawak is expected to come on stream in the middle of next year, according to a market source.

US structural tubing prices flat; mills clearing floor stock

Prices for domestically produced structural tubing in the United States held steady while mills prepared to fully implement a June price increase but were still clearing some stock at lower prices.

EUROPE SECTIONS: Prices drop because of low demand

The domestic prices of hollow steel sections in Northern and Southern Europe fell this week, pressured lower by poor demand, market sources said.

US structural tubing prices flat; market gauges timing of mill increases

Prices in the United States for domestically produced structural tubing held steady while market participants assessed the true timing of the implementation of mill pricing increases announced in June.

US mechanical tubing, standard pipe prices slip before mill increase impact

Prices for mechanical tubing and standard pipe in the United States declined in the run-up to a series of price-increase announcements in late June.

EUROPE SECTIONS: Prices soften under import, feedstock pressures

Domestic price ranges for hollow steel sections in Northern and Southern Europe widened further this week following pressure from decreased feedstock costs and increased import volumes, sources told Fastmarkets on Wednesday July 10.

Padana Tubi to boost tube capacity with new welding line

Italian welded tube manufacturer Padana Tubi & Profilati Acciaio is to increase tube capacity at one of its mills with a new welding line, equipment provider SMS Group said on July 3.

EUROPE SECTIONS: Prices flat on uncertainty about new import quotas

Domestic prices for hollow steel sections in Northern and Southern Europe remained flat this week on a lack of trading, resulting from uncertainty about the region’s new import quotas, sources told Fastmarkets on Wednesday July 3.