US raw steel output could outdo prior peak

May 14, 2014 | 01:31 PM | Thorsten Schier

Tags  raw steel production, Anthony Taccone, First River Consulting, construction, nonresidential construction, automotive, Thorsten Schier

WASHINGTON — U.S. raw steel production could exceed previous peaks in the coming years, driven by increased consumption of the metal amid an anticipated rise in housing starts—and in turn nonresidential construction—and continued robust automotive production, according to an industry analyst.

"Our raw steel production number could get above where it was in the 2000s," Anthony Taccone, strategy consultant and founding partner of Pittsburgh-based First River Consulting, told attendees May 13 at the Steel Manufacturers Association’s annual members’ conference in Washington.....

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