Each quarter we share our internal Supply Chain Report where we also answer some questions we receive from our clients. Below are answers to some of the questions we felt would be helpful for our community.

Q1 2021

Integrated mills exclusively produce flat rolled products, which in the United States is largely allocated to the coil side of flat rolled. There is only one mill group that makes plate from mined products. This limits our purchases from integrated mills to less than 7%, including tubular products made from integrated HR coil substrate.

With regards to international procurement, Schuff maintains a robust partnership with many international sources. We only procure international product if the project allows for it and the general contractors would like an international option. Each year international procurement varies but can include 5-40% of product as required by our customers. It’s important to understand that some international product carries extra duties and tariffs and current worldwide demand has increased so international products are not as cost competitive.

Currently the price of steel is impacted regardless of producing mill type. With integrated mill capacity being limited, electric arc mills are taking on more which has meant an increased demand for scrap. That demand has led to higher prices on electric arc furnace (EAF) products as well.

Canada and Mexico are considered international sources and are both covered by the USMCA – United States Canada Mexico Agreement – which replaced NAFTA in 2020. This agreement does not remove any 232 tariffs that would apply to import raw material.

Quarter 2 2021

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Quarter 3 2021

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Quarter 4 2021

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