EUROPE BEAMS: Further producers announce increases

The price of European steel H-beams rose during the week to Wednesday March 10 after more producers announced price increases, sources told Fastmarkets.

Fastmarkets’ weekly price assessment for steel beams, domestic, delivered Northern Europe was €750-770 ($891-915) per tonne on Wednesday, up €10 from €740-760 per tonne last week.
Last week, ArcelorMittal announced a minimum €30-per-tonne increase for beams, citing the rising cost of feedstock. This week, further beam mills also increased their prices.

“We announced a...

Published

Carrie Bone

March 10, 2021

14:59 GMT

London