After last week’s steel price increases, European profiles were steady this week.
Last week, the Nordic steel plant to improve the profile price of 5-10 euros / ton, mainly due to market orders in good condition, and hope to achieve in May to raise prices 15-40 euros / ton. But this week the price is not yet further rise, because coincides with Easter holidays, the market light procurement, scrap prices also hindered the mills continue to raise prices.
At present, the Nordic category 2 H-beam delivery price stable at 530-555 euros / ton, southern European delivery price of 535-550 euros / ton.