SMU Data and Models
September 6, 2018
SMU Steel Buyers Sentiment Index: Less Confidence on the Future
Written by Tim Triplett
Future Sentiment, measured as both a single data point and as a three-month moving average (3MMA), is near its low point of the year as conflict on the trade front keeps buyers guessing.
Future Sentiment registered +55 in Steel Market Update’s latest Steel Buyers Sentiment Index, down from +67 in mid-August. Current Sentiment registered +63, also down from two weeks ago when it measured +66.
