SMU Data and Models
December 21, 2017
SMU Steel Buyers Sentiment Index: Positive End to 2017
Written by Tim Triplett
Current and future sentiment among flat rolled steel buyers improved further in December, according to the Steel Market Update Steel Buyers Sentiment Index, mirroring the pattern at this time last year that heralded a strong first quarter.
The SMU Steel Buyers Sentiment Index measures changes in buyers’ optimism levels, which offers insight into their likely decision-making. Most buyers and sellers of flat rolled steel remain optimistic about their company’s ability to be successful in the current market environment, as well as three to six months into the future.
