EU beam prices rise again as buying activity picks up

Prices for steel beams increased across Europe this week amid rising consumption in the region, sources told Metal Bulletin on Wednesday September 6.

High costs for raw materials and better demand after summer holidays have given producers across Europe the licence and impetus to ramp up their beam prices over the past week.
The purchasing manager’s index (PMI) for the eurozone manufacturing sector matched a seven-year high this week after a rise in factory output and order volumes.

“Demand is still pretty strong, and raw materials...

Published

Lee Allen

September 06, 2017

17:00 GMT

London