EUROPE BEAMS: Prices slip again as low buying bloats stock levels

By Lee Allen / April 04, 2018 / www.metalbulletin.com / Article Link

Prices for domestic steel beams have weakened across Europe for a third consecutive week with low buying activity inflating inventories at mills, market sources said.

Metal Bulletin's price assessment for S235-grade, 200x200mm category-2 H-beams made in Northern Europe widened downward to ?,?600-615 ($737-756) per tonne delivered on Wednesday April 4, compared with ?,?600-625 per tonne delivered one week ago. Southern European prices dropped by ?,?10-15 to ?,?590-615 per tonne delivered from ?,?600-630 per tonne delivered seven days...

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