EUROPE BEAMS: Market slows for summer

Steel H-beam prices in Europe were flat on Wednesday July 21 as a result of the market heading into a slower seasonal holiday period, sources 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 Wednesday, unchanged week on week.
Some mills have closed for planned mill maintenance during July and August, while many market participants are now off for the summer.
Mills are booking for August and there were reports that some were fully booked. September bookings have not yet started.

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Carrie Bone

July 21, 2021

15:14 GMT