SMU Data and Models
Steel Mill Flat Rolled Lead Times Remain Short
Written by John Packard
March 8, 2015
Lead times on flat rolled products remained less than stellar based on the results of our last flat rolled steel market analysis conducted this past week. The respondents to our steel survey pegged hot rolled lead times as averaging 2.92 weeks, statistically unchanged from what we saw as an average during the middle of February. Hot rolled lead times continue to be 1 week shorter than what we were seeing at the beginning of March 2014. As you can see by the graphic below, hot rolled lead times peaked at 5.5 weeks back in April 2014 and have been weakening (getting shorter) ever since.
Cold rolled lead times, much like hot rolled, also remained short at 4.70 weeks. Over the past two months cold rolled lead times have been stuck at just below 5 weeks. One year ago CRC lead times were at 6.08 weeks.
Galvanized lead times have been hovering around 5 weeks over the past couple of months. One year ago GI lead times were closer to 6 weeks (5.88 weeks).
The only flat rolled item to see lead times extend from where they were reported two weeks ago was Galvalume which went to 5.75 weeks from 5.11 weeks. Galvalume lead times one year ago averaged 6.82 weeks.
John Packard
Read more from John PackardLatest in SMU Data and Models
Apparent steel supply increases in June
The amount of finished steel coming into the US market increased 3% from May to June, climbing to one of the highest rates seen in recent years, according to SMU’s analysis of Department of Commerce and American Iron and Steel Institute (AISI) data
SMU Survey: Modest improvement in Sentiment Indices
Both SMU Sentiment Indices continue to show that buyers remain optimistic for their company’s chances of success, though far less confident than they felt earlier in the year.
SMU flat-rolled market survey results now available
SMU’s Aug. 8, 2025, steel buyers market survey results are now available on our website to all premium members.
SMU’s July at a glance
SMU’s Monthly Review provides a summary of our key steel market metrics for the previous month, with the latest data updated through July 31.
SMU Survey: Mills maintain short lead times on sheet
Mill production times for sheet products are holding just above multi-year lows, while plate lead times remain elevated.