Current Steel Buyers Sentiment Drops Below Future, Both Fall

Both SMU’s Current and Future Steel Buyers Sentiment Indices fell this week compared to two weeks ago, with Current tumbling 16 points to drop below Future Sentiment, according to our most recent survey data.

The Steel Buyers Sentiment Indices measure how steel buyers feel about their company’s chances of success 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 dating to 2008.