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    Market Data

    SMU Survey: Sheet and plate lead times stabilize at multi-year highs

    Written by Brett Linton


    Steel mill lead times stabilized this week, according to buyers responding to our latest market survey. Production times for sheet and plate products remain at or near multi-year highs.

    Sheet production times are similar to the highs we saw in late 2023. Plate production times are currently the highest recorded since late 2021 (nearly four and a half years). Most lead times are about half a week longer than they were at the start of the year.

    Brett Linton

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