EUROPE SECTIONS: Rising coil costs threaten to squeeze Northern EU tube mills

摘要

The sluggish hollow steel sections markets in Northern Europe must achieve higher prices or else tube producers will see their margins be eroded by stronger costs for hot-rolled coil (HRC), market sources have warned.A fresh increase of ?10-20 per tonne in the price of Northern Europe-origin hot-rolled coil (HRC) on Wednesday February 7 leaves tube mills with thin margins when transforming the material into hollow sections.