EUROPE BEAMS: Price changes confined to lower ends of ranges

Steel H-beam prices in the Northern European market widened this week because of a slowdown in increases to feedstock costs and poorer market conditions, while Southern European prices narrowed, sources told Fastmarkets on Wednesday March 27.

The price changes were on the lower ends of the price range in both markets. Prices at the top ends of the ranges were unchanged. Fastmarkets’ weekly price assessment for domestic S235-grade, 200x200mm, category-2 H-beam in Northern Europe widened downward by €10 per tonne to €600-635 ($678-717) per tonne delivered on March 27, from €610-635 per tonne delivered one week earlier. Price increases had been proposed by producers when the price of scrap was...

Published

Carrie Bone

March 27, 2019

16:40 GMT

London