SMU Data and Models
May 19, 2016
Flat Rolled Mill Lead Times Continue to be Extended
Written by John Packard
On Monday of this week, Steel Market Update began canvassing the flat rolled steel market as part of our mid-May flat rolled steel market trends analysis. One of the areas we probe is that of mill lead times, the amount of time it takes to get an order produced for new orders placed this week. We compile the information which comes from both manufacturing companies as well as service centers and we publish the average for each product.
Our respondents continue to report extended mill lead times ranging from almost 5.5 weeks on hot rolled to 8.5 weeks on corrosion resistant products.
