SMU Data and Models
July 9, 2015
SMU Steel Buyers Sentiment Index: New Optimism Building?
Written by John Packard
Steel Market Update (SMU) has been measuring “Sentiment” or, how buyers and sellers feel about their company’s ability to be successful both in the current market environment as well as three to six months into the future. We concluded our analysis earlier today and have determined that those involved in the flat rolled steel industry continue to be moderately optimistic about both existing and future business expectations.
Our “Future” SMU Steel Buyers Sentiment Index was measured at +64 which is down 1 point from what we reported during the middle of June but within reach of the high for this calendar year which the +70 reported at the beginning of January.
