Fastmarkets’ weekly price assessment for steel beams, domestic, delivered Northern Europe
, was €540-565 ($595-622) per tonne on November 27, up from €530-560 per tonne on November 20.
A European producer source said that orders were strong for European long steel products and that, despite any seasonal downturn in demand, the market is showing positive signs that a turnaround is taking place. This was evident in a €20-30 per tonne increase in prices, with further rises expected in December.
A distributor also expected...