SMU Data and Models
June 22, 2014
Mill Lead Times Stable to Extended
Written by John Packard
Flat rolled steel mill lead times continue to be extended compared to one year ago according to the results of the SMU steel survey completed late last week. Hot rolled lead times average 4.59 weeks, which is about the same as what was reported at the beginning of the month of June. One year ago HRC lead times were measured at 3.26 weeks. Hot rolled lead times peaked at 5.49 weeks in mid-April of this year.
Cold rolled lead times average 6.70 weeks, again about the same as earlier this month and well above the 5.46 weeks reported one year ago. The 6.70 weeks is about one week shorter than what we were seeing out of our survey during the months of April and May.
