Economy
July 7, 2014
Steel Buyers See No Change in Economic Activity for H2
Written by Sandy Williams
Steel buyers in the June Institute for Supply Management (ISM) Steel Buyers Survey held fast to the belief that the general trend of economic activity will remain the same for the next six months, unchanged from 66.7 percent.
Incoming orders are expected to remain the same for 50 percent of steel buyers surveyed and increase for 33.3 percent. Order levels were about right for most efficient operation for 58.3 percent of respondents, up from 25.0 in May, however, 33.3 percent said they were still below most efficient levels.
