NEW YORK Copper
and brass service center sources say lead times remain short in
the United States due to slow spot business activity amid some
Lead times from mills
to service centers for medium-gauge products remain at one to
six weeks, while light-gauge products such as copper sheet and
coil have lead times of between three and eight weeks (
amm.com, June 18).
"In general, I
dont think lead times will lengthen yet," a service
center source said, adding that there is no good answer for why
lead times are so short. "Business has been slow," he said.
Sources cited the
typical summertime sluggishness and customer speculation about
where the market will stand as reasons for the slowdown in
"It appears supply is
ahead of core demand," a source said, noting that some
customers, worried about staying covered in case demand grows
from recent gains in the auto and housing sectors, ordered a
lot of product early on in an attempt to avoid any volatility.
"They doubled ordering ... they got overly zealous," he
Lead times for
products such as rod and bar are at the high end of the one- to
six-week range, which is longer than usual, service center
Bar may be taking
longer than usual because some of the supplying mills are
busier, a source at a copper and copper alloy distributor and
manufacturer said. He did not know the reason behind the uptick
at the mills.