EUROPE BEAMS: Prices unmoved on lack of trading

Domestic prices for steel beams in Europe remained unchanged again on Wednesday January 9, with the market slow to return to trading after the New Year break, sources told Fastmarkets.

Fastmarkets MB’s weekly price assessment for domestic S235-grade, 200x200mm, category-2 H-beam in Northern Europe was unchanged at €620-645 ($710-739) per tonne on January 9. In December, mills had been pushing for price increases of €15-20 per tonne, but no new business has been heard booked at these levels and feedstock costs have continued to fall. “People are back to work after the market has...

Published

Carrie Bone

January 09, 2019

17:14 GMT

London