EUROPE BEAMS: Market dominated by direction of feedstock costs

October 03, 2019 / www.metalbulletin.com / Article Link

Steel H-beam prices in Europe moved down this week following ongoing feedstock price falls and minimal levels of trading, sources told Fastmarkets on Wednesday October 2

Fastmarkets' weekly price assessment for steel beams, domestic, delivered Northern Europe, was ?,?550-590 ($599-644) per tonne on October 2, down from ?,?560-600.Market participants reported lower beam prices this week and said that mills were continuing to look for orders.With the expectation of lower prices, many market participants have either held back...

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