SMU Survey: Steel Buyers' Sentiment Indices slip

SMU’s Steel Buyers’ Sentiment Indices saw a slight decline this week, slipping to levels last observed in early November. Despite the dip, both of our Sentiment Indices remain in positive territory and indicate that steel buyers remain optimistic about their businesses’ prospects.

Every two weeks, we survey hundreds of steel buyers asking how they rate their companies’ chances of success in today’s market and their expectations for three to six months down the road. From this data we calculate our Current Steel Buyers’ Sentiment Index and our Future Sentiment Index, metrics tracked since 2008.