Steel Products
August 12, 2013
SMU Steel Buyers Sentiment Index & Price Momentum Indicator
Written by John Packard
Twice per month Steel Market Update (SMU) surveys the flat rolled steel market in order to gage market trends, pricing and Sentiment within the steel community. Since November 2008 SMU has been measuring Steel Buyers Sentiment. The resulting index is measured on a
zero to plus 100 (+100) scale for those who are optimistic about their company’s ability to be successful in the current market environment and zero to minus 100 (-100) for those who are pessimistic regarding their company’s ability to be successful.
