Steel H-beam prices in Northern Europe moved downward this week although feedstock costs have begun to rise again, sources told Fastmarkets on Wednesday May 22.
Fastmarkets' price assessment for domestic S235-grade, 200x200mm, category-2 H-beam in Northern Europe was ?,?585-615 ($653-686) per tonne delivered on May 22, down from ?,?590-620 per tonne delivered one week earlier.Beam prices remained under pressure from low demand and unfilled order books at the mills, even while feedstock prices began to rise and could continue to increase.Monthly feedstock prices...