EUROPE SECTIONS: Mills' push for price increases confuses market

October 18, 2018 / www.metalbulletin.com / Article Link

Prices for domestic hollow steel sections in Europe narrowed upward this week, while announced price increases from mills were viewed with skepticism, market sources told Fastmarkets on Wednesday October 17.

Fastmarkets' domestic price assessment for commodity-size, grade-S235 square hollow sections made in Northern Europe rose on the low end of the range to ?,?660-670 ($764-776) per tonne delivered on October 17, from ?,?650-670 per tonne delivered one week previous. A European mill this week announced a price increase to ?,?680-690 per tonne for hollow sections,...

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