Economy
June 30, 2015
June at a Glance
Written by John Packard
June ended the same way it started with our SMU Price Momentum Indicator pointing toward higher flat rolled steel prices. This is now the second month in a row where our Momentum Indicator has been pointing up.
Our Future Steel Buyers Sentiment Index averaged +61.5 for the month of June. However, the last report we did during the middle of the month had Future Sentiment at +65. This is the highest reading reported since the first full week of January 2015 when we hit +70.
