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’s June at a glance
A look at SMU data for the month of June.
SMU Survey: Buyers’ Sentiment rebounds from multi-year low
Both of SMU’s Steel Buyers’ Sentiment Indices edged higher this week. Current Sentiment rebounded from a near five-year low, while Future Sentiment rose to a two-month high
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: Sheet lead times pull back after early-June blip, plate holds
Following the uptick seen two weeks ago, lead times eased this week for all four sheet products tracked by SMU, while plate lead times held steady, according to this week’s market survey.
SMU Survey: Pricing power abruptly shifts to steel buyers
The majority of steel buyers responding to our latest market survey say domestic mills are more willing to talk price on sheet and plate products than they were earlier this month. Sheet negotiation rates rebounded across the board compared to early June, while our plate negotiation rate hit a full 100%.