Lead Times: Survey Results vs. Mill Published Reports

Thursday, April 20, 2017 5:05 PM Written by 
Published in SMU Mill Lead Times

Over the course of the last four days Steel Market Update (SMU) has been conducting our mid-April flat rolled steel market trends analysis. We finished earlier this afternoon and we are providing the results of some of our findings to our readers this evening.

Lead times, which is the length of time it takes to get an order produced, are on average shrinking according to those participating in our trends survey (note: our survey results may be different than what is being reported by each individual mill to their customers – we will have more on this at the end of this article).

We are seeing hot rolled lead times now at 4.54 weeks compared to 5 weeks at the beginning of this month. One year ago, HRC lead times were 4.87 weeks.

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John Packard

John Packard is the President and Publisher of Steel Market Update. Since 1977, he has been an active participant in the flat rolled steel business in North America. His background provides the unique flavor and quality of Steel Market Update. John has held positions in the service center, steel mill and trading company segments of the flat rolled steel industry. John founded Steel Market Update, Inc. in August 2008. John can be reached via email at: John@SteelMarketUpdate.com or by phone: 800-432-3475.

Website: www.SteelMarketUpdate.com
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