EUROPE BEAMS: Producers eyeing further price increases

European steel H-beam prices moved up on Wednesday April 7, following good demand and high feedstock prices, sources told Fastmarkets.

Producers have been trying to achieve price increases of €30 per tonne for several weeks, with one European producer now renewing efforts to push through the increase, citing strong order books and historically high raw materials costs.

Fastmarkets’ weekly price assessment for steel beams, domestic, delivered Northern Europe widened to €750- 780 ($887-922) per tonne on Wednesday,...

Published

Carrie Bone

April 07, 2021

18:56 GMT

London

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