Economy
April 8, 2015
Steel Buyers Expecting Similar or Improving Economic Conditions
Written by Sandy Williams
Steel buyers in the March 2015 ISM Steel Buyers Survey were a bit more consensus about economic activity in the next six months. In February, respondents were evenly split on whether conditions would go up, remain the same or go down. In the March survey, 46.2 percent expect conditions to remain the same while 30.8 percent expect activity to improve.
When asked about the trend of sales and production in the industry for the next six months, 46.2 percent expect the trend to remain the same as opposed to 41.7 percent last month expecting the trend to go higher. In March 30.8 percent expect an improving trend.
