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    October 24, 2024

    SMU Survey: Mill lead times tick lower

    Written by Brett Linton

    Mill lead times for both sheet and plate products pulled back further this week, according to steel buyers responding to our latest market survey,

    Sheet lead times have eased across the board compared to levels reported one month ago, returning to lows last seen in July. On average, lead times for hot-rolled steel are around four-and-a-half weeks, while tandem products are all hovering around six to seven weeks. Plate lead times continue to fluctuate near the four-week mark, territory they have been in since July. Overall, lead times remain near some of the shortest levels witnessed this year.

    Brett Linton

    Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

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