EUROPE BEAMS: Prices move up on higher feedstock costs

The price for steel H-beams in Europe moved up this week when producers’ ambitions for price increases were supported by a recent rise in feedstock costs, sources told Fastmarkets on Wednesday November 25.

Fastmarkets’ weekly price assessment for steel beams, domestic, delivered Northern Europe, was €550-580 ($653-688) per tonne on Wednesday, up from €550-570 per tonne one week before.

A more relaxed second lockdown to fight the Covid-19 pandemic, and a sharp rise in international feedstock prices, helped producers to push for higher beam...

Published

Carrie Bone

November 25, 2020

17:12 GMT

London