Market Data
March 25, 2025
Written by Stephanie Ritenbaugh
Consumer confidence took another dive in March, weighed down by worries about inflation, trade policies, and tariffs.
The index, which measures Americans’ assessment of current economic conditions, fell by 7.2 points to 92.9, according to The Conference Board’s monthly report.
The latest tally of active drilling rigs increased in Canada while slightly easing in the US this week, according to oil and gas rig count data published by Baker Hughes.
SMU’s Current Steel Buyers’ Sentiment Index fell this week, while Future Sentiment remained flat, according to our latest market survey.
The results of the latest Steel Market Update (SMU) flat-rolled market survey are now available on our website to all premium members.
The Chicago Business Barometer rebounded in September, returning to expansion after slipping into contraction in August.
Steel mill lead times continued to expand for sheet and plate products this week, according to buyers responding to our latest market survey.