Steel H-beam prices in Northern Europe inched up this week after a string of losses, while Southern European prices dipped for the first time in three weeks, sources told Fastmarkets on Wednesday June 26.
Fastmarkets' price assessment for domestic S235-grade, 200x200mm, category-2 H-beam in Northern Europe was ?,?575-610 ($654-695) per tonne delivered on Wednesday June 26, up from ?,?570-605 per tonne delivered one week earlier. That also marks the first increase for this assessment since mid-March, when the price widened upward to ?,?610-640 per tonne delivered.The price of scrap, which is the primary feedstock for beams production, has fallen by almost $30 per tonne since the start of the month...