EUROPE BEAMS: Prices inch up as mills increase offers

Steel beam prices in the domestic Northern European market edged up this week as producers continued to push for increases to offset raw materials costs, sources told Fastmarkets on Wednesday February 27.

Fastmarkets’ weekly price assessment for domestic S235-grade, 200x200mm, category-2 H-beam in Northern Europe was €600-635 ($682-722) per tonne delivered on February 27, widening upward by €5 per tonne from was €600-630 per tonne the previous week. One European producer source reported prices for H-beam at €635 per tonne this week, in some areas of Europe. “Overall demand is OK,” a trader said. “Mills are pushing price increases, but it all depends on the scrap...

Published

Carrie Bone

February 27, 2019

16:19 GMT

London