Market Data

September 27, 2024
SMU survey: Steel Buyers' Sentiment Indices remain optimistic
Written by Brett Linton
SMU’s Steel Buyers’ Sentiment Indices ticked higher this week, following multiple months of volatility. We have seen fluctuations in our Current Steel Buyers’ Sentiment Index since June, but only more recently in our Future Sentiment Index. The indices remain in positive territory and continue to indicate optimism amongst steel buyers.
Every two weeks, we survey hundreds of steel buyers on their companies’ chances of success in today’s market and their expectations for business three to six months from now. We use this information to calculate our Current Steel Buyers’ Sentiment Index and our Future Sentiment Index, measures we have tracked since 2008.

