EUROPE BEAMS: Producers hold firm on prices despite feedstock correction

Prices of steel H-beams in Northern and Southern Europe were unchanged this week despite a sharp drop in international feedstock prices, sources told Fastmarkets on Wednesday January 20.

Fastmarkets’ weekly price assessment for steel beams, domestic, delivered Northern Europe was €750-770 ($909-933) per tonne on Wednesday, unchanged week on week.
Fastmarkets’ weekly price assessment for steel beams, domestic, delivered Southern Europe was €750-770 per tonne on Wednesday, unchanged week on week.

Producers returned to the market with fresh quotations last week after withdrawing offers before the Christmas break due to the volatility of scrap prices, leaving beam prices...

Published

Carrie Bone

January 20, 2021

16:03 GMT

London