HRC lead times rose for the week ending December 30 to 3.4 from the 5-week low of 3.1 last week.
CRC lead times also rose – coming in at 6.0 weeks from last week’s 8-week low of 5.7. HDG lead times came in flat at 6.0 weeks.
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 moved down slightly to 3.2 from last week’s levels of 3.3.
HDG lead times came in at 5.4 weeks for the fourth week straight while CRC lead times posted the lone increase rising to 6.0 from 4.9 in the week prior.
Sources: The Steel Index, Steel Business Briefing
HRC = Hot Rolled Coil CRC = Cold Rolled Coil HDG = Hot Dipped GalvanizedNew Report Preview:
The MSCI September report had some good news in that overall inventories dropped some 2.2% with the bulk of the decline coming from flat-rolled, which has been the …more
For a copy of our full report and a free trial subscription, please contact us.
