HRC lead times for the week ending September 16 moved to an eight-week low of 3.1 weeks from 4.1 in the previous week, with some sources reporting lead times of 2 weeks.
Lead times for HDG also moved down to 5.6 from last week’s level of 6.2 weeks, while CRC lead times fell to 6.2 from 6.4 in the previous week.
Sources: The Steel Index, Steel Business Briefing
