Analysis

August 22, 2025
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.

