EUROPE BEAMS: Market steadies after recent volatility

Prices for steel H-beams in Europe remained steady on Wednesday February 24 following a recent period of volatility on the market, sources told Fastmarkets.

Fastmarkets’ weekly price assessment for steel beams, domestic, delivered Northern Europe was €740-760 ($899-924) per tonne on Wednesday, unchanged week on week.

“Prices will not immediately go up, but we expect in April bookings that prices will go up. March will see stability, there was an impact on sentiment for the market to feel a change in the scrap. We still believe prices need...

Published

Carrie Bone

February 24, 2021

15:52 GMT

London