EUROPE BEAMS: Prices stable despite rising feedstock costs

Steel H-beam prices in Europe remained unchanged on Wednesday, November 20, despite feedstock costs continuing to rise, sources told Fastmarkets.

Fastmarkets’ weekly price assessment for steel beams, domestic, delivered Northern Europe, was €530-560 ($586-620) per tonne on November 20, unchanged week on week.
“Prices will remain stable until end of year, and this will support January prices,” a trader said. “The Spanish mills are keen for volumes, so they are more flexible in price.”

A distributor said the market would have more...

Published

Carrie Bone

November 20, 2019

17:35 GMT

London