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    Market Data

    January 5, 2024

    SMU survey: Steel Buyers Sentiment Indices slump to start 2024

    Written by Ethan Bernard

    SMU’s Steel Buyers Sentiment Indices both fell this week, with current sentiment taking a large dive to begin the new year, our most recent survey data shows.

    Every other week, we poll steel buyers about sentiment. The indices measure how steel buyers feel about their companies’ chances of success in the current market and three to six months down the road. (We have historical data dating to 2008. You can find that here.)

    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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