HRC lead times dropped for the week ending December 16 to 4.2 from 3.7 last week.
HDG and CRC lead times also rose – with HDG coming in at 6.4 weeks from a 5-week low of 5.9 in the week prior and CRC rising to 5.8 from a 6-week low of 6.4.
Sources: The Steel Index, Steel Business Briefing
HRC = Hot Rolled Coil CRC = Cold Rolled Coil HDG = Hot Dipped Galvanized
