SMU Steel Buyers Sentiment: The Future is Bright, Right?

Steel buyer sentiment remains near its highest reading of the year even as prices shoot farther into uncharted territory.

The stratospheric price gains in theory bring the risk of an equally jarring crash. But steel buyers don’t appear overly concerned about that possibility – not when assessing their prospects in today’s market or when looking out at business conditions over the coming months.

Steel Buyers Sentiment

Michael Cowden

Michael Cowden is managing editor for Steel Market Update. Cowden has covered the steel industry since 2007. He has since 2014 specialized in flat-rolled steel but has previously reported on steel long products, steel pipe and tube as well as aluminum. Before joining SMU, Cowden held reporting jobs at Fastmarkets AMM in Chicago - where he was involved in launching AMM's daily hot-rolled coil index, the Associated Press in Pittsburgh, and the Cambodia Daily in Phnom Penh. He has also worked as a copy editor and in marketing at the University of Chicago Press. Cowden has a BA in English from the University of Chicago and an MSJ journalism from Northwestern University’s Medill School of Journalism. Contact him at michael@steelmarketupdate.com or 724-759-7872.

Michael Cowden

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