US beam prices flat; import market falls

United States' mills list prices for domestic steel beams have held their ground even with mills offering rebates, while prices for imported product have fallen, sources said, noting the steel industry is seeing steady to improving 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 July 30, unchanged for a third consecutive month. Prior to the April 30 assessment, prices had been flat at $36.50 per cwt since January 30. Fastmarkets assessed steel beams medium sections, loaded truck Port of Houston for immediate delivery at $630-650 per ton ($31.50-32.50 per cwt) on Thursday, down by $20 from $650-$670 per ton the prior month - a level it had previously maintained since April 30.  Lead times...

Published

Robert England

July 31, 2020

23:00 GMT

New York