SMU Data and Models
May 22, 2014
SMU Survey: Lead Times Stable
Written by John Packard
Steel mill lead times remained extended (or from a mill perspective, at reasonable levels) on all products. Benchmark hot rolled lead times averaged 4.91 weeks which is essentially unchanged from the 5.00 weeks reported at the beginning of May. Last year at this time HRC lead times averaged 3.03 weeks. We are running approximately 2 weeks longer lead times on hot rolled coil this year than last.
We are seeing similar results from the other three flat rolled products: cold rolled, galvanized and Galvalume.
