HRC lead times for the week ending November 25 rose to 3.5 from last week’s 3.0.
CRC lead times also rose – coming in at an 11-week high of 6.4 weeks from 6.1 in the week prior. HDG lead times posted the lone decrease, falling to 6.3 from last week’s 3-month high of 6.5.
Sources: The Steel Index, Steel Business Briefing
HRC = Hot Rolled Coil CRC = Cold Rolled Coil HDG = Hot Dipped GalvanizedHRC lead times for the week ending November 4 jumped to 3.7 from last week’s level of 3.2 – the largest week-on-week increase in 11 weeks and the highest reading in 9 weeks.
HDG lead times came in at a 5-week high of 6.1 weeks from 5.4 in the previous week – the largest increase in 11 weeks. CRC lead times rose to a 9 week of 6.3 – up from 6.0 in the previous week.
Sources: The Steel Index, Steel Business Briefing
HRC = Hot Rolled Coil CRC = Cold Rolled Coil HDG = Hot Dipped GalvanizedHRC lead times for the week ending September 16 deteriorated to an 8-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 declined to 5.6 weeks from last week’s level of 6.2 weeks, while CRC lead times fell to 6.2 weeks from 6.4 in the previous week.
Sources: The Steel Index, Steel Business Briefing
