Market Data

November 21, 2024
SMU Survey: Mill lead times remain stable and short
Written by Brett Linton
Steel buyers participating in our market survey this week reported stable mill lead times for both sheet and plate steel products. Production times are similar to those around the start of the month, though slightly shorter than levels witnessed three months ago.
Average lead times for hot-rolled steel generally remain in the mid-four-week range. Tandem product lead times are hovering around six and a half to seven weeks. Plate lead times average just under four weeks. Overall, lead times remain near some of the shortest levels seen this year.

