Prices for domestic hollow steel sections have remained stable in Europe this week while customers consider last week's announcement by mills of imminent increases of ?,?20 ($23) per tonne, sources told Metal Bulletin on Wednesday July 4.
Metal Bulletin's price assessment for commodity-size, grade-S235 square hollow sections made and delivered in Northern Europe remained unchanged week-on-week on July 4 at ?,?640-650 ($746-757) per tonne delivered."Prices are stable this week. It's difficult to know what will happen in [the current EU] safeguarding investigation [into steel imports]. I'm afraid there will be a price increase [as a result]," a...