EUROPE BEAMS: Prices slip as market weakens

The price of steel H-beams in Northern and Southern Europe moved down on Wednesday March 25 as the market weakened, sources told Fastmarkets.

Fastmarkets’ weekly price assessment for steel beams, domestic, delivered Northern Europe, was €530-570 ($573-616) per tonne on Wednesday, down from €535-570 per tonne last week.
“We are trading; it’s slowed down somewhat, but business is taking place. The price of scrap has gone down, so for the next booking cycle we will see about the price for April, but for now, there is not much price movement,” a European producer source said.

“Demand...

Published

Carrie Bone

March 25, 2020

15:15 GMT

London