SMU Data and Models
March 23, 2017
Steel Mill Lead Times Moving Out
Written by John Packard
Flat rolled lead times, which had been stuck in a rut over the past couple of months, have started to move out according to those responding to our flat rolled market trends survey. We are now seeing average lead times on hot rolled close to five weeks (4.81 weeks). We also saw movement in cold rolled, galvanized and Galvalume lead times.
Lead time is the amount of time, referenced in weeks, that it takes a new order to be produced by the domestic steel mills.
