EUROPE BEAMS: Mill order books full but summer lull to limit upside for prices

Steel H-beam prices in Europe increased on Wednesday July 14 after mills raised their offer prices because they have full order books, sources have told Fastmarkets.

Fastmarkets’ weekly price assessment for steel beams, domestic, delivered Northern Europe, was €1,050-1,080 ($1,242-1,277) per tonne on July 14, widening upward by €10 per tonne from €1,050-1,070 per tonne on July 7.

“The mills have very good order books so they’re just trying to slow it down a...

Published

Carrie Bone

July 14, 2021

18:13 GMT

London