EUROPE BEAMS: Steel mills persist with price uptrend

May 27, 2021 / www.metalbulletin.com / Article Link

European steel H-beam prices remained on an upward trend on Wednesday May 26, with producers still committed to continued increases, sources told Fastmarkets.

Fastmarkets' weekly price assessment for steel beams, domestic, delivered Northern Europe, was ?,?900-920 ($1,102-1,126) per tonne on Wednesday, up from ?,?880-900 per tonne a week earlier.

Following several months with consistently well-filled order books at mills, market participants were now concerned about acquiring the volumes of material that they...

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