HRC lead times dropped for the week ending December 9 to 3.7 from the three-month high of 3.9 last week.

HDG and CRC lead times also fell – with HDG coming in at a 5-week low of 5.9 weeks from 6.6 in the week prior and CRC falling to a 6-week low of 5.6 from 6.0 in the week prior.

Sources: The Steel Index, Steel Business Briefing