SMU Data and Models
February 5, 2015
Steel Mill Lead Times Slip Further
Written by John Packard
Flat rolled steel mills saw their lead times shorten according to the buyers and sellers of steel responding to this week’s market analysis. Weakening lead times are one of the keys which is impacting flat rolled and scrap prices – both down big over the past few weeks.
Hot rolled lead times average 2.79 weeks, which is essentially unchanged from two weeks ago but is much lower than the 3.89 weeks reported one year ago.
