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    Analysis

    SMU Survey: Current Sentiment tumbles on tariffs, uncertainty, soft demand

    Written by Brett Linton


    SMU’s Steel Buyers’ Sentiment Indices moved in opposing directions this week. Our Current Steel Buyers’ Sentiment Index dropped to one of the lowest levels recorded in over five years, while Future Buyers’ Sentiment inched higher.

    Both indices continue to reflect optimism among steel buyers for their companies’ chances of current and future success, though that confidence is not nearly as strong as it was in February and March.

    Brett Linton

    Read more from Brett Linton

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    Price on Trade: Milwaukee Framework is a step forward on steel excess capacity

    Members of the Global Forum on Steel Excess Capacity (GFSEC) met in Wisconsin last week and unveiled an updated plan to combat market-distorting excess capacity. The Milwaukee Framework adds color to the 2017 “Berlin Principles.” It is also a positive step in the ongoing battle against global steel market distortions. However, the Framework is only a guidepost. It must be implemented correctly to make an impact as new problems loom.