SMU Data and Models
June 9, 2022
Steel Mill Lead Times: Sheet Shrinks Again, Plate Steady
Written by Brett Linton
Steel Market Update’s latest market check indicates steel mill lead times continue to decline for sheet products as they move closer to historical norms. Plate lead times have been relatively flat since mid-May. Lead times over the past two weeks have been roughly in line with what we were seeing in the early weeks of 2022.
Buyers surveyed this week reported mill lead times ranging from 3-6 weeks for hot rolled, 5-8 weeks for cold rolled, 4-8 weeks for galvanized, 7-8 weeks for Galvalume, and 4-8 weeks for plate.
