EUROPE SECTIONS: Feedstock tightness keeps pressure on mills

July 01, 2021 / www.metalbulletin.com / Article Link

Prices for steel hollow sections in Europe remained flat on Wednesday June 30, with mills continuing to struggle to obtain feedstock material, sources have told Fastmarkets.

Fastmarkets' price assessment for steel sections (medium), domestic, delivered Northern Europe, was ?,?1,370-1,420 ($1,631-1,690) per tonne on June 30, unchanged week on week.

Hot rolled coil, the feedstock for hollow sections, has remained in tight supply for many...

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