SMU Data and Models
October 9, 2014
SMU Steel Buyers Sentiment Index: Optimism Rules
Written by John Packard
Buyers and sellers of flat rolled steel continue to be optimistic regarding their company’s ability to be successful in the current market environment as well as out three to six months into the future.
Steel Market Update reported their Sentiment Index as +64 on Thursday, October 9th. The + 64 reading is unchanged from their mid-September report and is +11 points more optimistic than what was recorded at the beginning of September 2014. One year ago Sentiment was +37.
