The price of steel hollow sections in Europe softened in the week to Wednesday September 29, ahead of the renewal of European Union import quotas, sources told Fastmarkets.
Fastmarkets' price assessment for steel sections (medium) domestic, delivered Northern Europe was ?,?1,300-1,330 ($1,519-1,554)per tonne on Wednesday September 29, down from ?,?1,350-1,400 per tonne on Wednesday September 22.Feedstock costs for hollow sections and hot rolled coil have weakened further,...