EUROPE BEAMS: Market steady on seasonal slowdown

Steel H-beam prices in Europe were stable on Wednesday July 28 following a seasonal slowdown in demand, sources told Fastmarkets.

Fastmarkets' weekly price assessment for steel beams, domestic, delivered Northern Europe was ?,?1,050-1,080 ($1,239-1,275) per tonne on Wednesday, unchanged week on week.
A distributor said that mills were keen to push prices to ?,?1,100 per tonne, but this was not currently met by demand from stockholders.

"Summer means things are a little slower...

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