Prices for hollow steel sections in Northern Europe widened downward this week due to falling feedstock costs, Fastmarkets heard on Wednesday November 7.
Fastmarkets' domestic price assessment for commodity-size, grade-S235 square hollow sections made in Northern Europe fell by ?,?10 per tonne on the low end to ?,?640-660 ($730-753) per tonne delivered on November 7.This compared with ?,?650-660 per tonne delivered on October 31.Fastmarkets' weekly price assessment for domestic hot-rolled coil (HRC) in Northern Europe, the feedstock used for hollow sections, has fallen in recent weeks, to ?,?550-560 per tonne ex-works on November 7 from...