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    Steel Markets

    Lead Times Mostly Steady on Sheet, Shorten on Plate

    Written by Laura Miller


    Mill lead times for most sheet products this week were basically flat compared to SMU’s market check two weeks ago. Those for plate shortened once again.

    Steel buyers this week reported lead times for hot-rolled sheet ranging from 3 to 7 weeks. This week’s average of 4.64 weeks was little changed from the 4.58 weeks reported in the last market check two weeks earlier. HR lead times have remained below the 5-week threshold since the beginning of June.

    Laura Miller

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