Economy
November 17, 2014
Steel Buyers Predict Unchanged Activity
Written by Sandy Williams
Steel buyers in the October ISM Steel Buyers Survey are expecting general economic activity to remain unchanged for the next six months. When asked about the trend for sales and production during the six month period, seventy-five percent responded “the same.” A solid 91.7 percent of steel buyers said the trend for incoming orders will remain the same in the next three month period as well.
Seventy-five percent of survey respondents said they were operating at their most efficient levels with 83.3 percent saying incoming order levels were at right for efficiency.
