EUROPE SECTIONS: Market flat, renewed quotas refill stocks

July 08, 2021 / www.metalbulletin.com / Article Link

Prices for steel hollow sections in Europe remained flat on Wednesday July 7 because stocks are replenished following the renewed import quota, sources 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 July 7, unchanged week on week.

Hot rolled coil, the feedstock for hollow sections, remains in tight supply, which has driven prices up to historical highs - although...

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