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 GalvanizedHRC lead times for the week ending November 18 fell to 3.0 from last week’s level of 3.8 – the largest week-on-week decline in 9 weeks and the shortest lead times in 6 weeks.
CRC lead times also fell – coming in at 6.1 weeks, down from 6.3 in the week prior. HDG lead times posted the lone increase – jumping to a three-month high of 6.5 from 6.1 in the previous week.
Sources: The Steel Index, Steel Business Briefing
HRC = Hot Rolled Coil CRC = Cold Rolled Coil HDG = Hot Dipped GalvanizedHRC lead times for the week ending November 4 jumped to 3.7 from last week’s level of 3.2 – the largest week-on-week increase in 11 weeks and the highest reading in 9 weeks.
HDG lead times came in at a 5-week high of 6.1 weeks from 5.4 in the previous week – the largest increase in 11 weeks. CRC lead times rose to a 9 week of 6.3 – up from 6.0 in the previous week.
Sources: The Steel Index, Steel Business Briefing
HRC = Hot Rolled Coil CRC = Cold Rolled Coil HDG = Hot Dipped GalvanizedHRC lead times for the week ending September 23 deteriorated to a 13-week low of 2.9 weeks from 3.1 in the previous week.
Lead times for HDG declined to a 17 week low of 5.4 weeks from last week’s 5.6, while CRC lead times fell to an 11-week low of 5.4 weeks from 6.2 in the previous week.
Sources: The Steel Index, Steel Business Briefing
