HRC lead times for the week ending November 4 moved down slightly to 3.2 from last week’s levels of 3.3.
HDG lead times came in at 5.4 weeks for the fourth week straight while CRC lead times posted the lone increase rising to 6.0 from 4.9 in the week prior.
Sources: The Steel Index, Steel Business Briefing
HRC = Hot Rolled Coil CRC = Cold Rolled Coil HDG = Hot Dipped Galvanized
