Domestic prices for steel beams in Europe went down on Wednesday February 6 on lower offer prices, market sources told Fastmarkets.
Fastmarkets' weekly price assessment for domestic S235-grade, 200x200mm, category-2 H-beam in Northern Europe was ?,?610-630 ($689-712) per tonne delivered on February 13. This was down from ?,?620-640 per tonne delivered on February 6.Producers were reported to have announced price increases of as much as ?,?30 per tonne for various long steel products, due to the increase in costs for feedstock material such as scrap. But market sources have said that these attempts have not yet been successful."The price announcement...