Market Data
March 4, 2015
ISM Steel Buyers Unsure About Future of Economy
Written by Sandy Williams
Steel buyers in the February ISM Steel Buyers Survey appeared confused about what the future may hold. There was no consensus on what the trend for general economic activity will be in the next six months. Respondents were split evenly on whether activity would be up, the same or down. This contrasted with January in which 50 percent expected general economic activity to improve.
Sales and production in the next six months was anticipated to improve according to 41.7 percent of buyers, while 33 percent expected the trend to head downwards, compared to 7.1 percent in January.

