SMU Data and Models
April 2, 2018
SMU Analysis: Key Market Indicators Dip in March
Written by Peter Wright
Key market indicators tracked by Steel Market Update in March remain very positive, but took a small step back from the all-time highs reported in February.
Data released in March shows that 18 of the 36 indicators are historically positive with only 5 negative. The balance is within the band of historically normal. Trends deteriorated a bit, falling from 32 positive in February to 28 in March. Trends lead the present situation by about four months.
