(by Mike Mechley, Executive VP of Strategic Procurement, www.ZekelmanIndustries.com) SMU April HR Coil $905 down $45 from March. Pres Trump has asked CFIUS to review Nippon’s purchase of USS the report is due in 45 days. Flat rolled steel and pipe and tube imports down sharply in February compared to January tons. EU puts duties on Egypt, Japan & Vietnam steel. Nucor, SDI & NSBS finishing April maintenance. Cliffs idling Dearborn furnace restarting Cleve C6. HR lead time 4-7 weeks, CR lead time 5-8 weeks. US steel mills April capacity utilization is 74.4%. SMU April CR Coil $1,135 up $20 from March. April Chic #1 Bush $450E down $30 from March. Zinc is $1.16LB. $1 U.S. Dollar = $1.42 Canadian Dollar.
Zekelman Industries Steel Snapshot for April 2025
Pipe Exchange
16060 Dillard Drive, Suite 150, Jersey Village, TX 77040
- Phone: 713.934.9480
- Fax: 713.934.9490
- Email: sales@pipexch.com