Market Data

January 23, 2025
SMU Survey: HR, CR and plate lead times up, coated products down
Written by Brett Linton
Steel mill lead times were mixed across the sheet and plate products SMU tracks, according to buyers responding to our latest market survey.
Following months of stability, we saw extensions this week in hot rolled, cold rolled, and plate lead times compared to early-January levels. Meanwhile, lead times on coated products edged lower and are now at some of the shortest levels seen in months. Despite these movements, current production times remain at or near historical lows for both sheet and plate products.

