SMU Data and Models
July 9, 2015
Mill Lead Times Remain Stuck at Mid-June Levels
Written by John Packard
Even with a new price increase announcement out of US Steel (+$40) lead times remain flat compared to what we saw during the middle of June. All of the products, hot rolled, cold rolled, galvanized and Galvalume lead times are shorter than what we reported at the beginning of July 2014.
Hot rolled lead times remain stuck averaging just under 4 weeks, based on the responses received during this week’s flat rolled steel survey results. The four weeks is an average of the responses received from both manufacturing companies and service centers. Mill responses are not considered for this particular group of data. Hot rolled was averaging 4.63 weeks one year ago.
