HRC lead times rose again for the week ending December 2 to a three-month high of 3.9 from last week’s 3.5 and 3.1 two weeks ago.
HDG lead times also rose – coming in at a 14-week high of 6.6 weeks from 6.3 in the week prior. CRC lead times posted the lone decrease, falling to 6.0 from last week’s 11-week high of 6.4.
Sources: The Steel Index, Steel Business Briefing
HRC = Hot Rolled Coil CRC = Cold Rolled Coil HDG = Hot Dipped Galvanized
