Market Data

July 19, 2024
SMU survey: Steel Buyers' Sentiment Indices rebound
Written by Brett Linton
SMU’s Steel Buyers’ Sentiment Indices both saw improvement this week. Current Sentiment ticked higher but remains near the four-year low seen earlier this month. Future Sentiment continues to indicate that buyers are optimistic for future business conditions.
Every other week, we poll steel buyers about their companies’ chances of success in the current market as well as three to six months down the road. We use this information to calculate our Current Steel Buyers’ Sentiment Index and our Future Sentiment Index, which we have been tracking since 2008.

