Overseas
December 22, 2022
Steel Mill Lead Times Rise Across the Board
Written by Brett Linton
Steel mill lead times increased again this week, extending by an average of 0.3 weeks across all five products we track. Recall that lead times for hot-rolled, cold-rolled, and galvanized products were at or near multi-year lows in our late November market check.
Lead times have increased an average of 0.8 weeks compared to levels one month ago. Following their April peak, sheet lead times were relatively stable at low levels from July to November. Plate lead times had gradually moved lower over the past six months but ticked up in mid-November.

