H-beam is a type of structural steel beam shaped like the letter "H." It is commonly used in construction projects due to its:

Strength: H-beams have a high strength-to-weight ratio, meaning they can support a significant amount of weight without being too heavy themselves. This makes them ideal for load-bearing applications such as columns, beams, and trusses.

Versatility: H-beams come in various sizes and thicknesses, making them suitable for a wide range of construction projects, from small residential buildings to large commercial structures.

Durability: H-beams are made from rolled steel, which is a strong and durable material that can withstand harsh weather conditions and heavy loads.

Efficiency: The H-shaped design of the beam allows for efficient distribution of weight, minimizing the need for additional support structures.

The common applications of H-beams:

Buildings: H-beams are widely used in the construction of buildings, including columns, beams, and trusses for floors and roofs.

Bridges: H-beams are essential components of bridges, providing support for the bridge deck and carrying traffic loads.

Industrial structures: H-beams are used in various industrial structures, such as factories, warehouses, and power plants, to support machinery and equipment.

American steel company Nucor has announced a reduction in the weekly spot price (CSP) for hot rolled coil (HRC). Offers for the week of May 5-11, 2025, dropped by 2.2% or $20/t to $910 per short tonne for all production facilities except California Steel Industries (CSI), where the price is $970/t.

The company resorted to lowering its offers after refraining from adjustments for two weeks. Currently, the price is the lowest since March 10 this year, while it is the first double-digit decline since October 14, 2024.

Earlier (the week of April 14-20), Nucor cut prices for the first time since the beginning of the year – from $935/mt to $930/mt. Thus, the highest price since the beginning of th