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Jun 26, 2013 | 07:00 PM
| AMM staff
steel utilization rate,
It is often said that you cant know where youre going until you know where youve 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.
Are you stocking more inventory today than 18 months ago?
We recognize that it takes time to learn to make good, quality steel. And we’re not underestimating the need to do that and do it right.
--Mark Bula, Big River Steel