SMU Data and Models
October 9, 2014
SMU Survey Results: Mill Lead Times Slip
Written by John Packard
On Monday of this week, SMU began our early October flat rolled steel market survey. Invitations were sent to approximately 600 companies across the United States and Canada. The survey was concluded earlier today (Thursday).
One of the key focus areas for the survey is to discover if there are any changes in lead times (the amount of time promised for production of new orders out of the domestic steel mills). We combine all of the responses to come up with an industry average and then compare our results with prior weeks to see if there are any changes which might suggest a change in the trend on hot rolled, cold rolled, galvanized or Galvalume products.
