Domestic prices for steel beams in Europe were stable this week, although feedstock costs have started to fall, sources told Fastmarkets on Wednesday November 21.
Fastmarkets' weekly price assessment for domestic S235-grade, 200x200mm, category-2 H-beam in Northern Europe was ?,?620-645 ($708-736) per tonne delivered on Wednesday, unchanged week on week.Fastmarkets' index for Northern European HMS 1&2 (80:20) scrap material, the feedstock for H-beam and a general indicator for the global scrap market, climbed through October, to $331.67 per tonne cfr from $318.75 per tonne, although it has since fallen back to...