SMU Data and Models
January 23, 2014
Mill Lead Times & Negotiations
Written by John Packard
Mill lead times, according to those taking our SMU steel market survey this week, continue to be extended compared to where they were one year ago. However, we found (based on our survey results) that the mills have become more willing to negotiate on hot rolled, galvanized and Galvalume but not on cold rolled.
Hot rolled averaged 4.09 weeks, down from 4.25 weeks at the beginning of January but well above the 3.38 weeks reported during the middle of January 2013.
