European steel beam prices fall on downtrending scrap market

Prices for steel beam in Europe fell in the seven days to Wednesday May 18, following a downtrend in the scrap market, sources told Fastmarkets.

Buyers held back from purchasing amid the downtrend in anticipation of prices falling further.

Some in the market believe that the lower prices could stimulate demand from the construction sector,...


Elina Virchenko

May 19, 2022

05:28 GMT