Fastmarkets’ weekly price assessment for steel beams, domestic, delivered Northern Europe
, was €540-570 ($595-628) per tonne on October 16, down from €540-580 per tonne on October 9.
“Demand is okay. Prices came down hard, so the scrap price improvement is more of a stabilization. This month it won’t pick up [and] it will be difficult to get prices up,” a distributor said.
Market participants continued to order only small...