SMU Data and Models
January 9, 2014
Mill Lead Times & Negotiations Continue to Reflect Mill Strength
Written by John Packard
Based on the results of our first steel market survey of the New Year, lead times at the domestic steel mills remained at moderately higher than normal.
Benchmark hot rolled lead times remained above 4.0 weeks (average). Based on the average of the responses received during the survey process HRC lead times were measured at 4.25 weeks. Essentially unchanged from the 4.23 weeks reported during the middle of December and well above the 3.42 weeks measured during the first week of January 2013.
