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 Galvanized
