SMU Data and Models
August 18, 2022
Steel Mill Lead Times Sideways
Written by Brett Linton
Steel mill lead times were relatively flat this week compared to our previous market check, with some products slightly up and others down. Hot rolled, cold rolled and plate lead times slightly declined compared to levels seen two weeks ago, while coated lead times increased.
On average this week, lead times increased by 0.2 weeks across the board compared to early-August, and are overall unchanged compared to one month ago. Having gradually declined from the April peak, lead times generally remain in line with early 2022 levels.
