SMU Data and Models
January 4, 2018
SMU Steel Buyers Sentiment Index Starts Year on a High Note
Written by Tim Triplett
Current and future sentiment among flat rolled steel buyers remains high as the New Year begins, much the same as at this time last year, according to the Steel Market Update Steel Buyers Sentiment Index.
The SMU Steel Buyers Sentiment Index measures changes in buyers’ optimism levels, which offers insight into their likely decision-making. Three out of four respondents to SMU’s flat rolled steel questionnaire say their company’s chances for success in the current market environment, as well as three to six months in the future, are good, if not excellent.
