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A decade of steel in charts

Jun 26, 2013 | 07:00 PM | AMM staff

Tags  steel utilization rate, steel production, steel imports, auto production, DRI, natural gas, steel shipments


It is often said that you can’t know where you’re going until you know where you’ve been, and the US steel industry has been through a lot over the past decade.  Much has changed during the past 10-plus years, a period nearly neatly bisected by the Great Recession.  Taken in tandem, these charts show a movement toward greater globalization, higher prices, fiercer competition and a volatile and shifting raw materials environment.  They also show that the US steel industry has faced a number of challenges but also still has opportunities to reduce costs and find new or expanded markets for products.
















Latest Pricing Trends Year Over Year

Poll

After witnessing the pace of steel plant idlings and worker layoffs during the first half of the year, what is your view of the second half of 2015? (choose one)

No matter what else happens, layoffs and shutdowns, etc., have nearly or essentially stopped for the year.
The environment will change little and the pace of layoffs will continue at a similar rate as the first half of 2015.
The environment will change little yet the pace of layoffs will begin to slow slightly to moderately.
The environment will change little yet the pace of layoffs could exceed the rate seen thus far.
The environment will improve slightly to moderately yet hiring and plant restarts will not resume this year.
The environment will improve slightly to moderately, with hiring and plant restarts commencing.
The environment will improve dramatically yet hiring and plant restarts will still be negligible in comparison.
The environment will improve dramatically yet hiring and plant restarts will only be slight to moderate.
The environment will improve dramatically, with hiring and plant restarts occurring nearly in tandem.


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