SMU Buyers Sentiment Indices Shoot Up

Steel Buyers appear to be more optimistic as Steel Market Update’s Current and Future Steel Buyers Sentiment Indices both ticked up five or more points this week.

SMU’s Steel Buyers Sentiment Indices measure 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. We have historical data going back to 2008.