SMU Data and Models
Steel Mill Lead Times Flat W-O-W and Y-O-Y
Written by John Packard
October 23, 2014
Steel Market Update (SMU) conducted our mid-October flat rolled steel market survey this week. Based on the results of that survey, we found lead times essentially unchanged from one week ago and basically the same as one year ago.
Hot rolled averages 4.2 weeks, cold rolled 6.09 weeks, galvanized 6.11 weeks and Galvalume 6.58 weeks. All lead times are below the high for the past 3 months by anywhere from a half a week (hot rolled) to as much as 1.3 weeks on Galvalume.
John Packard
Read more from John PackardLatest in SMU Data and Models
SMU flat-rolled market survey results now available
SMU’s latest steel buyers market survey results are now available on our website to all premium members.
SMU Survey: Current Sentiment sinks to lowest level since May 2020
SMU’s Steel Buyers’ Sentiment Indices both fell this week, with Current Steel Buyers’ Sentiment notching the lowest reading since May 2020.
Busheling and shredded tags drop, widening HRC vs. prime scrap spread
US scrap prices fell on busheling and shredded in October, while HMS remained flat, market sources told SMU.
SMU Survey: Lead times remain short
Steel mill lead times ticked lower across most sheet and plate products this week, according to responses from SMU’s latest market check.
SMU Survey: Mills more negotiable on spot orders
Mills are more willing to negotiate spot prices for both sheet and plate products, according to our latest market survey results.