SMU Data and Models
Lead Times Continue to Slowly Extend
Written by John Packard
June 18, 2015
Lead times moved out slightly on three of the four flat rolled products: hot rolled, cold rolled and galvanized. The only product which essentially remained the same was Galvalume.
Hot rolled lead times averaged 4 weeks, according to the results of this week’s flat rolled steel market analysis (survey). This is up from 3.66 weeks and we have seen lead times move out approximately one week since the middle of April.
Cold rolled lead times moved up ever so slightly to 5.78 weeks and CR lead times have extended approximately ¾ of a week since mid-April.
Galvanized lead times also extended by approximately ¼ of a week as our average moved from 6.0 weeks to 6.29 weeks. This is 1 week longer than mid-April.
Galvalume remained at approximately 6.5 weeks which is also about one week longer than what we saw in the middle of April.
John Packard
Read more from John PackardLatest in SMU Data and Models
SMU Scrap Survey: Sentiment Indices rise
Both current and future scrap sentiment jumped this month, though survey participants reported responses before key trade news was announced.
SMU Survey: Sentiment splits, buyers have better view of future than the present
SMU’s Steel Buyers’ Sentiment Indices moved in opposite directions this week. After rebounding from a near five-year low in late June, Current Sentiment slipped again. At the same time, Future Sentiment climbed to a four-month high. Both indices continue to show optimism among buyers about their company’s chances for success, but suggest there is less confidence in that optimism than earlier in the year.
SMU scrap market survey results now available
SMU’s ferrous scrap market survey results are now available on our website to all premium members. After logging in at steelmarketupdate.com, visit the pricing and analysis tab and look under the “survey results” section for “ferrous scrap survey” results. Past scrap survey results are also available under that selection. If you need help accessing the survey results […]
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. After logging in at steelmarketupdate.com, visit the pricing and analysis tab and look under the “survey results” section for “latest survey results.” Past survey results are also available under that selection. If you need help accessing the survey results, or if […]
SMU Survey: Sheet lead times stabilize, plate contracts
Mill lead times for sheet products were steady to slightly longer this week compared to our late June market check, while plate lead times contracted, according to steel buyers responding to this week’s market survey.