SMU Data and Models
May 4, 2017
Steel Mill Lead Times Flat Based on SMU Survey
Written by John Packard
Flat rolled steel lead times are running essentially flat (same as what we have been reporting over the past few weeks) based on the responses we received from manufacturing companies and service centers this week.
Lead time is the amount of time it takes a domestic steel mill to produce a new order if placed today. Lead times are referenced in the number of weeks required and the numbers referenced in this report are the average lead time from all of the responses received in our flat rolled steel market trends analysis conducted this week.
