Fastmarkets’ weekly price assessment for steel beams, domestic, delivered Northern Europe
, was €540-570 ($636-671) per tonne on Wednesday, unchanged week on week.
In recent weeks, beam producers have announced - and pushed for - price increases
of €15-30 per tonne on good demand and increased feedstock prices, but the market appears to have remained stable.
“[European] scrap dealers are not willing to sell at lower prices. Overall, the market demand for finished steel products, and sentiment, are very strong,” a European mill source said.
“Our order intake shows product orders...