EUROPE SECTIONS: Steady prices could rise on thinning import quotas, rising feedstock costs

Hollow steel sections prices in Europe were unchanged this week, despite increasing feedstock costs and quickly expiring import quotas, market sources told Fastmarkets on Wednesday January 29.

Fastmarkets' weekly price assessment for steel sections (medium), domestic, delivered Northern Europe, was ?,?620-640 ($683-705) per tonne on Wednesday, unchanged week on week.
Earlier in the month, mills and producers announced price increases of ?,?20-30 per tonne, following an increase in feedstock costs.

Fastmarkets' steel hot-rolled coil index, domestic, ex-works Northern Europe, was ?,?467.08 per tonne on January 29, up from ?,? 439.17 per tonne...

China's gold holdings to central bank reserves still low

China has broad effect on gold market

Gold stocks mixed after previous week's huge gains

Large TSXV gold multiple driven up by high Artemis weighting

Monetary-driven precious metals outperform major base metals