Market Data

June 20, 2024
SMU survey: Lead times remain short, HR and plate at 8-month lows
Written by Brett Linton
Steel mill lead times are near some of the shortest levels seen in months, according to our latest market survey. Service centers and manufacturers continue to report short to normal lead times for all sheet and plate products tracked by SMU.
This week we saw reductions in hot rolled and plate lead times, both declining to lows not seen since September/October of last year. Cold rolled production times eased back down to levels seen one month ago. Lead times on galvanized inched up from the beginning of month, while Galvalume held stable.

