EUROPE BEAMS: Producer price optimism narrows price ranges upward

October 08, 2020 / www.metalbulletin.com / Article Link

The low end of the steel H-beam price ranges in Europe moved up this week on positive producer sentiment after recent price increase announcements, sources told Fastmarkets on Wednesday October 7.

Fastmarkets' weekly price assessment for steel beams, domestic, delivered Northern Europe was ?,?540-570 per tonne ($636-671) on Wednesday, narrowing on the low end from ?,?530-570 per tonne one week previous.

Beam producers continue to push for price increases announced recently, with mills hoping to achieve ?,?15-30 per...

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