Steel I Bean Price Trends

Procurement Resource provides latest prices of Steel I Beam. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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Chart Description

Procurement Resource provides prices of Steel I Beam for several regions around the globe, which are as follows:

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa

About:

Steel I Beam is basically a beam with an I shaped cross-section. The horizontal or parallel section of this beam are called flanges while its vertical section is known as a ‘web’. Steel I Beam is represented by dimensions of web and flange. Further, in I-Beam, the size of web is greater than the size of flange unlike the H-beam. Steel I Beams are usually made of structural steel and are widely utilised in construction and civil engineering. It is commonly termed an “I” beam because of its shape, which provides great load bearing support when used horizontally or standing as columns. 

Industrial Uses

  • Pillars
  • Roofs
  • Walls
  • Floors
  • Stairs 
  • Truck-trailers
  • EOT cranes and its gantry
  • Ship building/construction
  • Factory sheds
  • Conveyors and boilers
  • Agricultural equipments

Production Process

  • Production of Steel I Beam via Fabrication and Welding

In order to fabricate Steel I Beam, beam parts are assembled and SAW welded on an on-line assembly machine and corimpex welding machine. Welding is often carried out using submerged arc welding machines as this enhances the quality of weld.

Supplier Database:    

  • Jindal Steel & Power Ltd.
  • G.D. Metsteel Pvt. Ltd
  • Ferrite Structural Steels Private Limited
  • Reliance Steel & Aluminum Co.

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

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Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).