European steel beam producers under pressure from high costs

The price of steel H-beams in Europe remained flat on Wednesday December 1 despite higher energy and feedstock costs, sources told Fastmarkets.

Fastmarkets’ weekly price assessment for steel beams, domestic, delivered Northern Europe was €1,020-1,040 ($1,155-1,178) per tonne on Wednesday, unchanged week on week.
Demand was reportedly subdued ahead of the seasonal slowdown. However, sources expect some orders to be placed before the end of the year for January shipment.

“Commodity [longs] are a little subdued, partly due to this time of the year. This new variant is...

Published

Carrie Bone

December 01, 2021

17:03 GMT

London