Steel Products
January 21, 2013
Mill Lead Times Shrink & Negotiations Expand This Past Week
Written by John Packard
Based on the weighted results from our most recent steel survey which was conducted this past week, SMU found lead times slipping slightly on all flat rolled products followed by our company. Benchmark hot rolled average lead times declined to 3.38 weeks and are much shorter than the 4.76 weeks measured by the SMU survey during the middle of January one year ago. We found similar situations with cold rolled, galvanized and Galvalume – all of which have shorter lead times than the prior week as well as one year ago.
