EUROPE BEAMS: Mills try to resist negotiations in softening market

The price of steel H-beams in Europe remained flat in the week to Wednesday September 15 while mills resist negotiation attempts, sources told Fastmarkets.

Fastmarkets’ weekly price assessment for steel beams, domestic, delivered Northern Europe was €1,050-1,080 ($1,241-1,276) per tonne on Wednesday, unchanged week on week.
“We see the same prices, our competitors are not buying but need material and mills know this, they are very firm in negotiations,” a distributor said.

On the European scrap market, Fastmarkets' monthly assessment...


Carrie Bone

September 15, 2021

14:37 GMT