SMU Survey: Steel Buyers' Sentiment Indices rebound

Following months of fluctuations, SMU’s Steel Buyers’ Sentiment Indices rebounded this week, now at multi-month highs. Both of our Indices remain in positive territory and indicate that steel buyers are optimistic about the success of their businesses.

Every other week, we poll hundreds of steel buyers on their companies’ chances of success in today’s market, as well as business expectations for the next three to six months. We use this information to calculate our Current Steel Buyers’ Sentiment Index and our Future Sentiment Index, measures tracked since SMU’s inception.