Slow demand for steel hollow sections in Europe; prices widen upward on higher HRC cost

Steel hollow sections prices widened upward in the week to Wednesday March 22, due to higher hot-rolled coil feedstock prices despite sluggish demand, sources told Fastmarkets.

Fastmarkets’ weekly price assessment for steel sections (medium) domestic, delivered Northern Europe was €970-1,000 ($1,048-1,080) per tonne on Wednesday, widening upward by €20 per tonne from €970-980 per tonne on...