SMU Data and Models
May 21, 2015
Steel Mill Lead Times Have Turned the Corner
Written by John Packard
According to the results of the Steel Market Update most recent flat rolled steel survey, domestic steel mill lead times are beginning to extend reflecting the improvement in the mills’ order books. We are, however, still far away from the lead times that we saw in the middle of May 2014.
Hot rolled lead times are now closer to 4 weeks (as an average) than the 3 weeks we reported in April of this year. One year ago HRC lead times were at 5 weeks.
