SMU Data and Models
March 3, 2022
Steel Mill Lead Times Inch Up; Still a Buyer's Market
Written by Brett Linton
Steel mill lead times remain short, but yielded minor upward movements this week for most products, based on Steel Market Update’s latest check of the market. SMU’s data on mill negotiations shows buyers still have the upper hand.
Buyers polled this week by SMU reported mill lead times ranging from 2-6 weeks for hot rolled, 4-8 weeks for cold rolled, 4-8 weeks for galvanized, 4-8 weeks for Galvalume, and 3-6 weeks for plate.
