(by Mike Mechley, Executive VP of Strategic Procurement, www.ZekelmanIndustries.com) SMU Sept HR Coil $800 down $20 from Aug. USS will stop shipping slabs to Granite City in October and hot mill production will end in Nov. Algoma and Arcelor Mittal Calvert have produced production coils on their new EAF furnaces. USS Gary #14 furnace likely to be down the 2nd quarter of 2026 it can produce 9k tons a day. Aug steel imp licenses -16% MoM and -21% YoY. HR lead time 4-5 weeks, CR lead time 5-7 weeks. US steel mills Sept capacity utilization is 79.2%. SMU Sept CR Coil $975 down $25 from Aug. Sept Chicago #1 Bush $410 down $20 from Aug Zinc is $1.31LB. $1 U.S. Dollar = $1.38 Canadian Dollar.
Zekelman Industries Steel Snapshot for September 2025
Pipe Exchange
16060 Dillard Drive, Suite 150, Jersey Village, TX 77040
- Phone: 713.934.9480
- Fax: 713.934.9490
- Email: sales@pipexch.com