Prices for domestic steel hollow steel sections in Southern Europe have fallen by ?,?5-15 per tonne because mills are suffering from low demand, market sources said on Wednesday March 28.
"We are seeing a small number of offers at the moment, because of the uncertainty in the market. It may be that some suppliers have become nervous, seeing their order intake down in March," one Southern European producer source said."We tried to put prices up, but I don't think anything much happened," another Southern European producer source said.Market activity has been stalled in recent weeks, with market participants unsure about the effects that the Section 232 import tariffs in the United States might have on their business.Meanwhile, the launch...