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Prices for steel hollow sections in Europe have moved upward on continued pressure from the price and availability of feedstock materials, sources told Fastmarkets on Wednesday January 13.
Fastmarkets’ price assessment for steel sections (medium), domestic, delivered Northern Europe, was €820-850 ($998-1,034) per tonne on Wednesday, up from €800-820 per tonne one week before.
Producers have struggled to source enough hot-rolled coil feedstock because of surging prices amid supply tightness.
Source: Fast market
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