SMU Data and Models
July 24, 2016
Trend Developing as Steel Mill Lead Times Slip
Written by John Packard
We pointed out a couple of weeks back that lead times have been slowly shrinking but are still longer than year ago levels. Lead times refer to the amount of time it takes to get an order placed today produced at one of the domestic steel mills.
The steel mill lead times we are discussing in this article are based on the cumulative average based on responses collected from all of the manufacturers and service centers who participated in our flat rolled steel trends analysis (survey) this past week. For specific mill lead times, buyers should contact their steel mill representative or rely upon the lead time sheets produced by your steel suppliers.
