Economy
July 12, 2020
SMU Market Trends: Virus Gives Rise to Surge of Emotions
Written by Tim Triplett
Steel buyers are split on whether the government will need to shut down parts of the economy once again to get the spread of the coronavirus under control. In this week’s check of the market, Steel Market Update asked: Are you or your company concerned about the rising numbers of COVID-19 cases in the South and Southwest, and do you think another “pause” in the economy will be necessary? The majority expect the economy to forge ahead, but nearly 40 percent feel more drastic steps may be needed.
