EUROPE BEAMS: Market dominated by direction of feedstock costs

Steel H-beam prices in Europe moved down this week following ongoing feedstock price falls and minimal levels of trading, sources told Fastmarkets on Wednesday October 2

Fastmarkets’ weekly price assessment for steel beams, domestic, delivered Northern Europe, was €550-590 ($599-644) per tonne on October 2, down from €560-600. Market participants reported lower beam prices this week and said that mills were continuing to look for orders. With the expectation of lower prices, many market participants have either held back...

Published

Carrie Bone

October 02, 2019

17:00 GMT

London