EUROPE SECTIONS: Prices move up on increasing feedstock costs

Hollow steel sections prices in Europe moved up this week, with feedstock costs rising at a fast pace due to raw materials shortages, market sources told Fastmarkets on Wednesday September 16.

Fastmarkets' price assessment for steel sections (medium), domestic, delivered Northern Europe, was ?,?570-585 ($677-694) per tonne on Wednesday, up from ?,?550-570 per tonne a week ago.
The price of hot-rolled coil (HRC), the feedstock for sections production, have risen sharply over the past month, due to reduced output leading to poor availability of material amid a lack of imports.

Fastmarkets' daily steel HRC index, domestic, exw Northern Europe, was ?,?482.62 per tonne...

Another 'Bubble Check' for the gold sector

Gold stocks continue to hit new highs

Some mining stocks exposed to Burkina Faso take major hit

Gold stocks again hit new highs

Gold stocks reach new highs on metal price gain