(by Mike Mechley, Executive VP of Strategic Procurement, www.ZekelmanIndustries.com) SMU August HR Coil $820 down $50 from July. USS Coke plant in Clairton Pa. suffered a deadly explosion production has resumed it appears that there is amply supply to meet market needs. Steel coil imports continue downward trend. Mills planned maintenance of 700k tons 4th qtr. Brazil pig iron duty stays at current 10%. High temperatures has reduced some production. HR lead time 4-5 weeks, CR lead time 5-7 weeks. US steel mills Aug capacity utilization is 79.5%. SMU Aug CR Coil $1,000 down $55 from July. August Chicago #1 Bush $430 flat from July. Zinc is $1.28LB. $1 U.S. Dollar = $1.38 Canadian Dollar.
Zekelman Industries Steel Snapshot for August 2025
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