(by Mike Mechley, Executive VP of Strategic Procurement, www.ZekelmanIndustries.com) Platts May HR Coil is $881, no change from April. Brazil and S Korea agreed to quotas, this will reduce 2018 shipments to the US by ~1.5M tons. Quotas are retroactive to January 1st, and are by line item, a maximum of 30% of the yearly quota can be shipped in a calendar quarter. USS Granite City in production July, USS Great Lakes will then shut down 52 days for repairs. HR lead time 5-9 weeks, CR lead time 5-9 weeks. US Mills capacity utilization rate is 75.9%. Platts May CR Coil is $1,008, up $6 from April. Zinc is $1.40lb.. May Chicago #1 Bush $385 flat from April. $1 U.S. Dollar = $1.30 Canadian Dollar.