Official HRC lead times for the week ending September 9 moved to 4.1 weeks from 3.9 in the previous week with some sources reporting that lead times are even shorter.

Lead times for HDG also moved up to 6.2 from last week’s level of 6 weeks while CRC lead times remained flat week-on-week at 6.4 weeks.

Sources: The Steel Index, Steel Business Briefing