EUROPE BEAMS: Market prepares for next round of increases

The prices of steel H-beams in Europe were unchanged on Wednesday January 29 with mills working toward further price increases in February, sources have told Fastmarkets.

Fastmarkets’ weekly price assessment for steel beams, domestic, delivered Northern Europe, was €550-580 ($606-639) per tonne on January 29, unchanged week on week.

In recent weeks, producers have achieved higher H-beam prices to compensate for the recent rise in feedstock costs and were now keen to achieve further price increases. This comes...

Published

Carrie Bone

January 29, 2020

15:53 GMT

London