SMU Data and Models
June 24, 2021
Mill Lead Times/Negotiations: Flat Rolled Sees Small Dip
Written by Tim Triplett
The market is watching anxiously for a sign that rising lead times have finally turned and will begin to shorten as mill production catches up with demand. Indeed, Steel Market Update data shows a slight dip in the average lead times for spot orders of flat rolled steel products this week. But the same has happened three other times since the beginning of the year only to see delivery times extend further once again. So the latest data may or may not prove to be the beginning of a change in the trend.
