SMU Data and Models
December 19, 2013
SMU Steel Buyers Sentiment Index Indicates Continued Optimism
Written by John Packard
The Steel Market Update (SMU) Steel Buyers Sentiment Index was reported this week to be +37 which is 2 points lower than our last reading made during the first week of December. Nonetheless, SMU Steel Buyers Sentiment is well within the optimistic range of our index where it has been for 24 consecutive months. Sentiment has been range bound in the upper 30’s since the middle of June 2013.
