SMU April HR Coil $1,040 up $35 from March. SMU April CR Coil $1,185 up $30 from March. April Chicago #1 Bush $450, unchanged from March. Domestic production delays, low import volumes, and limited spot availability continue to propel domestic mill prices higher. Semi-annual maintenance outages are underway March – June. Revised Sec 232 tariff on derivative products now adding 25% to full value of imported steel and aluminum products. Imports are being looked at more closely as pricing continues to increase, however long lead times, shipping issues, and price uncertainty are barriers to large volume buys. HR lead time 5-9 weeks and CR lead time 6-10 weeks. US steel industry latest capacity utilization is 79.1% (4/4/26). Zinc is $1.4768/LB. $1 U.S. Dollar = $1.38 Canadian Dollar.
Zekelman Industries Steel Snapshot – April 2026
Pipe Exchange
16060 Dillard Drive, Suite 150, Jersey Village, TX 77040
- Phone: 713.934.9480
- Fax: 713.934.9490
- Email: sales@pipexch.com