April Market Minute 2025

Checking the Pulse of Metal Buyers in Texas

In his interactions with customers, SteelNow Customer Experience Manager Jonathan has seen some fabricators enjoying a slight uptick in activity. Even so, most continue to buy metal on a job-by-job basis.

While ongoing changes to proposed tariffs have yielded no major impact on pricing, some customers are shopping for alternative suppliers to gauge differences in pricing and availability.

Texas manufacturers expressed a mix of cautious optimism and concern, according to the March 2025 Dallas Fed Texas Manufacturing Outlook Survey. While some firms reported steady or improving conditions, many highlighted ongoing challenges affecting their operations.​

For instance, several firms reported difficulties in sourcing materials and components, leading to production delays. Labor shortages remain a persistent issue, with challenges in hiring skilled workers affecting output.​

While some manufacturers anticipate increased demand in the coming months, others are concerned about the potential for economic slowdown. Uncertainties surrounding trade policies and global market dynamics contribute to a cautious outlook.​

The Latest on Metal Prices

Aluminum prices are on the rise, with Midwest premiums doubling from 20 to 40 cents per pound. The spike comes because of renewed Section 232 tariffs—25% on aluminum imports—alongside steep anti-dumping duties on countries like China, which can top 100%.