EUROPE BEAMS: Beam prices diverge on mixed market sentiment

Steel H-beam prices in Northern Europe inched up this week after a string of losses, while Southern European prices dipped for the first time in three weeks, sources told Fastmarkets on Wednesday June 26.

Fastmarkets’ price assessment for domestic S235-grade, 200x200mm, category-2 H-beam in Northern Europe was €575-610 ($654-695) per tonne delivered on Wednesday June 26, up from €570-605 per tonne delivered one week earlier.
That also marks the first increase for this assessment since mid-March, when the price widened upward to €610-640 per tonne delivered.

The price of scrap, which is the primary feedstock for beams production, has fallen by almost $30 per tonne since the start of the...

Published

Carrie Bone

June 26, 2019

22:26 GMT

London