Steel Products
June 6, 2019
SMU Steel Buyers Sentiment Index: Attitudes Suffering
Written by Tim Triplett
Industry sentiment has continued to erode this month as the attitudes of steel executives appear to be suffering from the relentless uncertainty over steel pricing, demand and Trump administration trade policies.
The goal of the index is to measure how buyers and sellers of steel feel about their company’s ability to be successful today (Current Sentiment Index), as well as three to six months into the future (Future Sentiment Index). Results are posted as both single data points and as three-month moving averages (3MMAs) to smooth out the trend.
