(by Mike Mechley, Executive VP of Strategic Procurement, www.ZekelmanIndustries.com) SMU September HR Coil $685 up $20 from Aug. Biden, Harris and Trump are opposed to Nippon purchasing USS, Nippon proposing to increase investment $1.4B raising the total to $3B. Trade case filed against 10 countries on Galv, Galv Alum, Aluminized sheet. Steel production continues to grow at mills with new equipment as workers improve expertise. HR lead time 4-7 weeks, CR lead time 5-9 weeks. The US Mills Sept capacity utilization is 79.8%. SMU September CR Coil $940 up $25 from Aug. September Chicago #1 Bush $380 flat from Aug. Zinc is $1.21LB. $1 U.S. Dollar = $1.36 Canadian Dollar.
Zekelman Industries Steel Snapshot for September 2024
Pipe Exchange
14025 West Road
Suite 100
Houston, TX 77041
- Phone: 713.934.9480
- Fax: 713.934.9490
- Email: sales@pipexch.com