Steel mills have begun pushing for an increase in the domestic price for steel beams in Europe, despite market conditions and feedstock costs remaining stable, but prices did not show any change this week, sources told Fastmarkets on Wednesday November 14.
Fastmarkets' weekly price assessment for domestic S235-grade, 200x200mm, category-2 H-beam in Northern Europe was ?,?620-645 ($698-726) per tonne delivered on Wednesday, narrowing downward from ?,?620-650 per tonne last week."Demand is good but mills are saying they are very busy, so that they can increase the price at the end of year," a distributor said. "Scrap prices are already relatively high [so] I...