SMU Data and Models
October 27, 2019
SMU Steel Buyers Sentiment Index: Still at Low Levels
Written by Tim Triplett
Steel Market Update’s Current and Future Buyers Sentiment Indexes inched up a few points this week, but remain near their lowest levels in six years.
The goal of SMU’s Buyers Sentiment 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.
