EUROPE SECTIONS: Market remains slow during summer period

August 05, 2021 / www.metalbulletin.com / Article Link

Prices for steel hollow sections in Europe were unchanged on Wednesday August 4 due to the market heading into a seasonally slower period, sources told Fastmarkets.

Fastmarkets' assessment of steel sections (medium), domestic, delivered Northern Europe was ?,?1,400-1,430 ($1,662-1,698) per tonne on Wednesday, unchanged week on week.

"Prices remain above ?,?1,400 per tonne and will stay there until September. It depends on how far [hot-rolled coil] prices come down," a distributor...

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