Market Data

August 29, 2024
SMU survey: Steel Buyers' Sentiment Indices surge
Written by Brett Linton
SMU’s Steel Buyers’ Sentiment Indices saw significant recoveries this week. Both our Current and Future Indices are now up to multi-month highs, indicating continued optimism among steel buyers.
Every two weeks, we poll hundreds of steel buyers about their companies’ chances of success in today’s market, as well as business expectations three to six months from now. We use this information to calculate our Current Steel Buyers’ Sentiment Index and our Future Sentiment Index, a measure we have been tracking since 2008.

