The price of steel hollow sections in the European domestic market increased sharply because of rapidly rising feedstock hot-rolled coil prices, sources told Fastmarkets on Wednesday December 23.
Fastmarkets' price assessment for steel sections (medium), domestic, delivered Northern Europe was ?,?800-820 ($976-1,001) per tonne on Wednesday, up by ?,?60-70 per tonne from ?,?740-750 per tonne a week earlier.This increase marks the fifth consecutive weekly price rise in the sections markets, mirroring a similar trend in the HRC market since the start...