EUROPE BEAMS: Market flat on mixed price outlook

By Carrie Bone / April 18, 2018 / www.metalbulletin.com / Article Link

Domestic prices for steel beams were unchanged in both Southern and Northern Europe this week with the market showing mixed sentiment toward plans by mills to increase their prices, sources told Metal Bulletin on Wednesday April 18.

Metal Bulletin's price assessment for S235-grade, 200x200mm category-2 H-beams made in Northern Europe remained flat week-on-week at ?,?600-620 ($742-767) per tonne delivered on April 18."Prices are stable. Demand is pretty good [although] there was a bit of a slowdown recently because of the extremely cold weather," one European producer source said."[Market activity] is expected to pick up. Scrap prices were a little weak a few weeks ago, but we did not see the kind...

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