SMU Survey: Steel Buyers' Sentiment Indices contrast at year end

SMU’s Steel Buyers’ Sentiment Indices were mixed this week, with one Index hovering within a few points of a multi-year low, and the other climbing to a one-year high. Both of our Sentiment 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 three to six months down the road. We use this information to calculate our Current Steel Buyers’ Sentiment Index and our Future Sentiment Index, measures tracked since SMU’s inception.