SMU Data and Models
May 7, 2015
SMU Steel Buyers Sentiment Index: Optimistic but Treading Water
Written by John Packard
Buyers and sellers of flat rolled steel continue to be optimistic about their company’s ability to be successful both now and into the future. However, Steel Market Update has been seeing small adjustments lower to both our current and future Sentiment Indices.
Future Sentiment, which measures how buyers and sellers feel about their company’s ability to be successful three to six months into the future, was measured this week at +60 which is down 1 point from our mid-April analysis but is up 3 points compared to one month ago. One year ago our Future Sentiment Index was reported to be +64.
