(by Mike Mechley, Executive VP of Strategic Procurement, www.ZekelmanIndustries.com) Platts June HR Coil is $558, down $84 from May. Numerous maintenance outages are scheduled that will reduce supply AK Dearborn, USS (Gary and Great Lakes) NLMK (Portage and Sharon Pa) are each taking a week or more outage. JSW furnace issues are impacting production. Steel coil imports from countries with tariffs are higher priced than current domestic prices. HR lead time 2-5 weeks, CR lead time 5-8 weeks. US Mills capacity utilization rate is 80.6%. Platts June CR Coil is $716, down $62 from May. Zinc is $1.21lb.. June Chicago #1 Bush $285 down $30 from May. $1 U.S. Dollar = $1.33 Canadian Dollar.
Zekelman Industries Steel Snapshot For Jun 2019
Pipe Exchange
14025 West Road
Suite 100
Houston, TX 77041
- Phone: 713.934.9480
- Fax: 713.934.9490
- Email: sales@pipexch.com