SMU Data and Models
December 20, 2018
SMU Market Trends: 2019 Risk List More Naughty Than Nice
Written by Tim Triplett
Continual controversy over trade and tariffs, volatile steel prices and unrest on Wall Street have clearly left many in the industry anxious and pessimistic about the year to come.
Only about 20 percent of the steel executives who responded to Steel Market Update’s latest market trends questionnaire expect 2019 to be a solid growth year for their companies. About 34 percent believe 2019 will be a down year compared with 2018. Another 14 percent predict 2019 will start strong but end on a down note. The rest, 32 percent, see business conditions remaining about the same.
