Domestic prices for steel beams in Europe were stable this week, on continued good demand, although there was concern about the knock-on effects on water-borne freight of low water levels on the River Rhine, sources told Fastmarkets on Wednesday October 24.
Fastmarkets' weekly price assessment for domestic S235-grade, 200x200mm, category-2 H-beam in Northern Europe was ?,?620-650 ($711-745) per tonne delivered on Wednesday, unchanged week on week.Last week, a European mill announced price increases of ?,?5-10 per tonne due to the increase in scrap prices. These increases could not be negotiated away, market sources...