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    September 13, 2024

    SMU survey: Steel Buyers' Sentiment Indices decline again

    Written by Brett Linton

    Following significant recoveries in late August, SMU’s Steel Buyers’ Sentiment Indices tumbled this week. We have seen volatility in our Current Steel Buyers’ Sentiment Index since June, but only recently in our Future Sentiment Index. While down, both of our Sentiment Indices remain in positive territory and continue to indicate optimism among steel buyers.

    Every other week, 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 down the road. We use this information to calculate our Current Steel Buyers’ Sentiment Index and our Future Sentiment Index, a measure SMU has been tracking since 2008.

    Brett Linton

    Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

    Read more from Brett Linton

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