Domestic prices for steel beams have moved downward by ?,?5 per tonne across Europe for a second week with trading remaining thin, market sources told Metal Bulletin on Wednesday September 28.
"There was no enough demand to fill up the mills' rolling schedules so we have seen a lower price," one distributor said."There was a bit of a reduction compared with last month. In February, scrap prices went down so during March [mills] are using material bought in February, which was cheaper," he added."We have quite a good [level of] stock and, due...