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    Market Segment

    January 3, 2023

    SMU Sentiment Index Rises Six Points

    Written by Ethan Bernard

    Steel Market Update’s (SMU) Current Steel Buyers Sentiment Index rose six points through Dec. 22 compared with two weeks earlier. Our Future Buyers Sentiment Index also jumped, edging up four points from the previous market check. Current Sentiment remains slightly above a month ago.

    SMU’s Buyers Sentiment Index measures how steel buyers feel about their company’s ability to be successful in the current market, as well as three to six months down the road. Every other week we poll steel buyers about sentiment, with historical data going back to 2008.

    Ethan Bernard

    Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

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