Economy
August 5, 2014
ISM Steel Buyers Optimistic About Future Trends
Written by Sandy Williams
Steel buyers in the July ISM Steel Buyers Survey are expecting increased orders for the next three months. The percentage of buyers who expect an improvement in orders increased from 33.3 percent to 50 percent in July with the remaining 50 percent expecting order levels to remain the same.
Forty percent of buyers still say operating levels are below optimum efficiency levels, but the number who reported them as above increased from 8.3 percent to 20 percent in July.
