EUROPE BEAMS: Market begins to slow for summer

The price of steel H-beams in Europe was unchanged week on week on Wednesday July 15, with the market slowing ahead of the traditional summer lull, sources have told Fastmarkets.

Fastmarkets’ weekly price assessment for steel beams, domestic, delivered Northern Europe was €520-550 ($591-625) per tonne on Wednesday, unchanged week on week.

Producers have been pushing for price increases of €20 per tonne in recent weeks, with the market appearing to accept these levels now due to improved demand and stable raw material costs, including the...

Published

Carrie Bone

July 15, 2020

17:00 GMT

London