Steel Products
August 22, 2013
Mill Lead Times & Mill Negotiations: Only Marginal Movement
Written by John Packard
Lead times slipped slightly across the board compared to where we saw them at the beginning of August.
The lead times reported by those responding to our Steel Market Update (SMU) steel survey dropped from 4.5 weeks on hot rolled (weighted average) to 4.11 weeks. This is still well above where we were reporting lead times earlier this summer and is slightly higher than what we saw one year ago.
