SMU Survey: Respondents Beat Forecasts in May, Concerned About June

May was a good month for market participants surveyed by SMU, most of whom reported meeting or beating expectations then.

Approximately 55% of survey respondents said they met their business forecasts last month, 25% said they exceeded them, and only 20% said they missed forecast.

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Michael Cowden

Michael Cowden is editor-in-chief for Steel Market Update. Cowden has covered the steel industry since 2007. He specializes in flat-rolled steel but has also reported on steel long products, steel pipe and tube, and aluminum. Before joining SMU, Cowden held reporting jobs at Fastmarkets AMM in Chicago, the Associated Press in Pittsburgh, and the Cambodia Daily in Phnom Penh. He has also worked as a copy editor and in marketing at the University of Chicago Press. Cowden has a BA in English from the University of Chicago and an MSJ journalism from Northwestern University’s Medill School of Journalism. Contact him at michael@steelmarketupdate.com or 724-759-7872.

Michael Cowden

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