SMU Data and Models
September 24, 2015
SMU Steel Buyers Sentiment Index Less Optimistic and Trending Lower
Written by John Packard
Flat rolled steel buyers and sellers are less enthusiastic about their company’s ability to be successful in both the current and future (three to six months into the future) market conditions. The SMU Steel Buyers Sentiment Index (Current) is being reported as +47, down 6 points over one month ago and well below the +64 reported last year at this time.
Future Steel Buyers Sentiment Index is being reported as +54, down 4 points over one month ago and 11 points less than what we reported one year ago.
