Fastmarkets’ weekly price assessment for steel beams, domestic, delivered Northern Europe
, was €520-550 ($587-621) per tonne on Wednesday, down from €530-550 per tonne a week earlier.
“The [beam] price is slightly lower this week due to demand at mills. We hope to push prices slightly down. The [Covid-19] crisis is almost over, everyone needs to increase stock, otherwise we cant support customers,” a distributor said. “Sentiment is getting better and better each day. But everyone is expecting price drops and holding back from ordering.