EUROPE SECTIONS: Market at standstill ahead of quota renewal

September 16, 2021 / www.metalbulletin.com / Article Link

The price of steel hollow sections in Europe remained flat in the week to Wednesday September 15, with trading activity slowing down ahead of the imminent renewal of quarterly European import quotas, sources have told Fastmarkets.

Fastmarkets' price assessment for steel sections (medium), domestic, delivered Northern Europe, was ?,?1,400-1,430 ($1,654-1,689) per tonne on Wednesday, unchanged since mid-July.
Feedstock costs have fallen so far this month, with hot-rolled coil prices moving downward week on week.

Fastmarkets' calculation of the daily steel HRC index, domestic, exw Northern Europe, was ?,?1,095.75 per tonne on September 15, down from ?,?1,110.83 per tonne on September 8, and ?,?1,129.17 per tonne at the start of the month.
...

Recent News

Investment banks ahead of the gold price, institutions still behind

April 21, 2025 / www.canadianminingreport.com

Gold stocks up, juniors outperform on small cap strength

April 21, 2025 / www.canadianminingreport.com

Gold stocks rebound to new highs

April 14, 2025 / www.canadianminingreport.com

US$ and bonds not the safe havens normally expected

April 14, 2025 / www.canadianminingreport.com

Crash driven by tech and highly cyclical sectors

April 07, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok