SMU Data and Models
March 4, 2022
SMU Market Trends: Optimism Has Staying Power
Written by Tim Triplett
Despite war in Ukraine, rising inflation, and uncertainty around steel prices, more than 80% of buyers responding to Steel Market Update’s survey this week still described themselves as optimistic about their prospects for the first half of this year.
Their generally positive outlook – reflected in the comments below – point to healthy steel demand and the widespread belief that the painful price correction is nearing an end.
