SMU Data and Models
February 2, 2017
SMU Steel Buyers Sentiment Index Sets New High
Written by John Packard
Buyers and sellers of flat rolled steel are feeling good about the industry based on the results of the just completed flat rolled steel market trends analysis released by Steel Market Update (SMU). The SMU Steel Buyers Sentiment Index set another record high beating the high mark achieved just two weeks ago (an explanation of our Index is at the end of this article).
SMU Current Sentiment Index is +76, up +3 points from mid-January and a new high for a single data point since Steel Market Update began indexing Sentiment in 2008.
