(by Mike Mechley, Executive VP of Strategic Procurement, www.ZekelmanIndustries.com) SMU July HR Coil $870 up $10 from June. Nippon purchase of United States Steel is complete and allows the US Government the authority to decide on closing and idling plants. June imports of steel products drops from May. Scrap is forecasted to be flat for August and Sept. Iron and Coking Coal trading in a tight range. Light vehicles adjusted annual sales fell to 15.3M. HR lead time 4-5 weeks, CR lead time 5-7 weeks. US steel mills July capacity utilization is 78.6% SMU July CR Coil $1,055 down $15 from June..July Chicago #1 Bush $430 flat from June. Zinc is $1.23LB. $1 U.S. Dollar = $1.37 Canadian Dollar.
Zekelman Industries Steel Snapshot for July 2025
Pipe Exchange
16060 Dillard Drive, Suite 150, Jersey Village, TX 77040
- Phone: 713.934.9480
- Fax: 713.934.9490
- Email: sales@pipexch.com