Steel H-beam prices in Northern and Southern Europe moved down this week on lower feedstock costs and weaker demand, sources told Fastmarkets on Wednesday May 1.
Fastmarkets' assessment of the price for domestic S235-grade, 200x200mm, category-2 H-beam in Northern Europe moved down to ?,?590-625 ($661-700) per tonne delivered on May 1, from ?,?590-635 per tonne delivered on April 24.High stock levels in Germany were just one of the factors cited for the pressure on the price of H-beams, alongside lower feedstock costs and weaker demand.Many market participants were away from the...