EUROPE BEAMS: Prices down on persistent uncertainty on costs, demand

October 10, 2019 / www.metalbulletin.com / Article Link

Prices for steel H-beam in Northern Europe continued to move downward over the past week because of uncertainty created by falls in feedstock costs and persistent weak demand, sources told Fastmarkets on Wednesday October 9.

Fastmarkets' weekly price assessment for steel beams, domestic, delivered Northern Europe, was ?,?540-580 ($592-636) per tonne on October 9, down from ?,?550-590 per tonne on October 2."It seems that every week the prices fall again," a distributor said."Prices will be under pressure until the end of the...

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