Market Data
October 27, 2022
Steel Mill Lead Times Remain Short
Written by Brett Linton
Steel mill lead times declined across the board this week for all products tracked by SMU. Our latest lead times analysis shows that production times on sheet products decreased by 0.2–0.5 weeks compared to our previous market check two weeks ago, while plate lead times dipped 0.1 weeks.
On average, lead times retracted by 0.3 weeks compared to two weeks prior, down 0.1 weeks compared to one month ago. Following their peak in April, sheet lead times have remained somewhat stable since July/August. Plate lead times have gradually moved lower over the past six months.

