EUROPE BEAMS: Prices down on persistent uncertainty on costs, demand

Prices for steel H-beam in Northern Europe continued to move downward over the past week because of uncertainty created by falls in feedstock costs and persistent weak demand, sources told Fastmarkets on Wednesday October 9.

Fastmarkets’ weekly price assessment for steel beams, domestic, delivered Northern Europe, was €540-580 ($592-636) per tonne on October 9, down from €550-590 per tonne on October 2. “It seems that every week the prices fall again,” a distributor said. “Prices will be under pressure until the end of the...

Published

Carrie Bone

October 09, 2019

15:18 GMT

London