Steel Mill Lead Times: Same as Last Year

Lead times continue to be at, or slightly below year ago levels.

Steel Market Update conducted our flat rolled steel market trends analysis over the course of this week. As part of our questionnaire, submitted to almost 550 companies, we ask questions regarding lead times for new orders out of the domestic steel mills by product. A note to those who are new to Steel Market Update, our lead time analysis is not based on information being provided by the steel mills. We are only getting data from service center and manufacturing companies who are reporting what they are seeing and being told. We then average the responses to come up with the lead times we are reporting here.