Research and Markets: The U.S. Steel Industry Is A More than $50 Billion Enterprise, and Additional Downstream Processing Pushes the Value Closer To $75 Billion

Thu Nov 5, 2009 11:21am EST
 
[-] Text [+]
DUBLIN--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/a61e78/analyzing_the_us_s) has
announced the addition of the "Analyzing the US Steel Industry" report to their
offering. 

The steel industry is critical to the U.S. economy. Steel is the material of
choice for many elements of construction, transportation, manufacturing, and a
variety of consumer products. Traditionally valued for its strength, steel has
also become the most recycled material, with two-thirds of U.S. steel now
produced from scrap. 

The U.S. steel industry is a more than $50 billion enterprise, and additional
downstream processing pushes the value closer to $75 billion. The industry
accounts for nearly 10% of the global raw steel market, providing over 107
million net tons in 2003. Large quantities of low-cost imports have challenged
the industry in recent years, but restructuring, downsizing, and widespread
implementation of new technologies have led to vastly improved labor
productivity, energy efficiency, and yield. 

As a result of industry consolidation, the number of steelmaking facilities has
decreased significantly over the last few decades. As of 2007, around 85
companies were producing raw steel at almost 140 locations. The absolute number
of integrated mills producing steel in basic oxygen furnaces has always been
relatively small and is currently at around 20. The highest geographic
concentration of mills is in the Great Lakes region, including Indiana,
Illinois, Ohio, Pennsylvania, Michigan, and New York. Approximately 80% of US
steelmaking capacity is in these states. The industry employs more than 100,000
people nationwide. 

The US steel industry is vital to both economic competitiveness and national
security. Steel is the backbone of bridges, skyscrapers, railroads, automobiles,
and appliances. More than 3,000 catalogue grades of steel are currently
available, not including custom grades for specific users. Most grades of steel
in use today - particularly high-strength steels that are lighter and more
versatile - were not available ten years ago. 

Aruvian's R'search focuses on this highly lucrative industry, bringing you -
Analyzing the US Steel Industry. The report is a complete guide to all the
recent developments going on in the industry, along with an in-depth analysis on
market statistics, market structure, competition in the industry, where the US
Steel Industry stands on a global scenario, and much more. 

Sections focusing on the value chain analysis of the industry, the steel crisis
of 1998, a comparison of US, Japanese and South Korean steel companies, and the
importance of the US steel industry to US national defense, adds a different
perspective to This report as compared to the many others available today. The
influence of the US Steel Industry on other industries in the country is yet
another added boost to the potential of this report for investors and
researchers alike! 

Key Topics Covered:

* Executive Summary 
* Industry Definition 
* Globalization in the Steel Industry 
* Looking at the US Steel Industry 
* The Steel Crisis of 1998 
* Industry Growth Drivers 
* Value Chain Analysis for the US Steel Industry: A Diagrammatic Representation 
* Regulatory Framework Affecting the US Steel Industry 
* Comparing US, Japanese, & South Korean Steel Companies 
* US Steel Industry & Impact on Other Industries 
* Factors Influencing the Competitiveness of the US Steel Industry 
* Importance of the Steel Industry to US National Defense 
* Leading Industry Contributors 
* US Steel Industry: Future Perspective 
* Appendix 
* Glossary of Terms

Companies Mentioned:

* Arcelor Mittal 
* Nucor Corporation 
* United States Steel Corporation 
* AK Steel Holding Corporation 
* Commercial Metals Company

For more information visit
http://www.researchandmarkets.com/research/a61e78/analyzing_the_us_s

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716 

Copyright Business Wire 2009

 

Featured Broker sponsored link

Editor's Choice

A selection of our best photos from the past 24 hours.  Slideshow 

Most Popular on Reuters

  • Articles
  • Video