EUROPE BEAMS: Prices unchanged but mills order books thin

Domestic prices for steel beams in Europe were unchanged on Wednesday February 6 from the previous assessment although markets sources reported weak demand at mills.

Fastmarkets MB’s weekly price assessment for domestic S235-grade, 200x200mm, category-2 H-beam in Northern Europe was €620-640 ($708-731) per tonne delivered on February 6, flat week on week. Many traders this week spoke of mills having large enough gaps in their order books to warrant closing for a week while others had reportedly ceased production for a day because of weak demand. “We have seen gaps on the mills rolling schedules -...

Published

Carrie Bone

February 06, 2019

16:46 GMT

London