(by Mike Mechley, Executive VP of Strategic Procurement, www.ZekelmanIndustries.com) Platts March HR Coil is $587, up $3 from Feb. Appeals court rejects AIIS petition to invalidate Section 232 tariffs, ask Supreme Court to review. US Court of International Trade rejects NLMK slab tariff exclusion, NLMK sues Gov’t for $170M. Construction spending continues at very strong volume. Jan all time high seasonally adjusted. USS completes purchase of UPI from Posco. HR lead time 4-8 weeks, CR lead time 5-9 weeks. US Mills capacity utilization rate is 81.6%. Platts Mar CR Coil is $752, down $18 from Feb. Zinc is $.89lb. March Chicago #1 Bush $300, up $10 from Feb. $1 U.S. Dollar = $1.38 Canadian Dollar.
Zekelman Industries Steel Snapshot For Mar 2020
Pipe Exchange
14025 West Road
Suite 100
Houston, TX 77041
- Phone: 713.934.9480
- Fax: 713.934.9490
- Email: sales@pipexch.com