Steel Mills

Steel Mill Lead Times Move Out
Written by John Packard
July 10, 2014
Average steel mill lead times maintained their slightly extended status according to the latest survey results from Steel Market Update. These lead times are not to be confused with mill specific promise dates which can vary radically (+/-) from the averages reported here.
Hot rolled lead times were reported as averaging 4.63 weeks up ever so slightly from the 4.59 weeks reported during the middle of June. The latest lead times were slightly higher than the 4.28 weeks reported one year ago.
Cold rolled lead times rose slightly to 6.88 weeks from the 6.70 weeks recorded in the middle of June. Last year CR lead times averaged 6.10 weeks.
Galvanized lead time move a tick to 6.76 weeks from 6.64 weeks and we slightly longer than the 6.42 weeks reported this time last year.
Galvalume lead times also rose to 7.00 weeks from 6.75 weeks and were slightly longer than the 6.67 weeks one year ago.

John Packard
Read more from John PackardLatest in Steel Mills

AISI: Raw steel production drops to multi-month low
After being historically strong for more than four months, US raw steel production fell for a second week.

U.S. Steel sues Algoma over iron pellet shipments
U.S. Steel is suing Algoma over the Canadian flat-rolled producer's rejection of iron pellet shipments, arguing it has breached its contract.

August US mill shipments slip but still higher than last year
The American Iron and Steel Institute reported a decline in the monthly shipments of US mills from July to August.

TransPod, Algoma, Supreme Steel linkup anchors Canadian steel in high-speed transit build
The three Canadian companies have announced a strategic partnership to support the development of an ultra-high-speed transit line from Edmonton to Calgary.

Metallus, USW agree to tentative four-year labor deal
Metallus and the United Steelworkers (USW) have agreed to a tentative four-year labor contract.