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A decade of steel in charts

Jun 26, 2013 | 08:00 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.

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