US steel beam prices steady on low demand

Both domestic and imported steel beam prices in the United States were unchanged in May on persistent lower demand.

Fastmarkets’ monthly price assessment for steel beams 8 x 8-inch, fob mill US held at $35.25 per hundredweight ($705 per short ton) on Thursday May 28; the price fell to that level on April 30 after remaining at $36.50 per cwt since January 30. Fastmarkets’ monthly price assessment for steel beams medium sections, loaded truck Port of Houston for immediate delivery was unchanged at $650-670 per ton ($32.50-33.50 per cwt) on May 28. The price narrowed upward to this range in April. “Mill business is beginning...

Published

Robert England

May 29, 2020

21:05 GMT

New York