SMU March HR Coil $1,005 up $30 from February. SMU March CR Coil $1,155 up $30 from February. March Chicago #1 Bush $450, unchanged from February. Domestic production delays, low import volumes, and limited spot availability continue to result in higher domestic mill prices. Semi-annual maintenance outages will be taken by the domestic mills March – June; will help to keep market tight through Q2 2026. Imports are being looked at more closely due to the limited domestic supply environment; long lead times and price uncertainty are a barrier to large volume buys. HR lead time 5-9 weeks and CR lead time 6-10 weeks. US steel industry latest capacity utilization is 77.4% (3/7/26). Zinc is $1.4823/LB. $1 U.S. Dollar = $1.36 Canadian Dollar.
Zekelman Industries Steel Snapshot – March 2026
Pipe Exchange
16060 Dillard Drive, Suite 150, Jersey Village, TX 77040
- Phone: 713.934.9480
- Fax: 713.934.9490
- Email: sales@pipexch.com