European hollow sections mills are planning to raise their offer prices for commodity-grade material once the market returns from seasonal holidays this month, sources told Metal Bulletin on Wednesday January 3.
Metal Bulletin's price assessment for S235-grade square hollow steel sections made in Northern Europe remained at ?,?640-660 ($771-795) per tonne delivered on January 3, while prices for similar material made in Southern Europe stayed at ?,?605-625 per tonne delivered."I have heard about price increases, but I have not seen higher prices in the market yet,"...