The price of steel hollow sections in the European domestic market has been reduced, with mills looking to stimulate demand by making lower offers, sources told Fastmarkets on Wednesday August 28.
Fastmarkets’ weekly price assessment for steel sections (medium), domestic, delivered Northern Europe, was €585-630 ($649-699) per tonne on Wednesday, widening downward by €30 per tonne.
The corresponding weekly price assessment for steel sections (medium), domestic, delivered Southern Europe, was…