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Hot rolled coil prices in the Midwest have jumped 12% to $839 per short ton during the two weeks to Thursday and climbed 20% since Trump took office on January 20, according to data provider ...
In 2022, the U.S. was the third-largest producer of raw steel worldwide, after China and India, and ranked sixth in pig iron production. By November 2024, the industry produced over 74 million net tons annually.
American Metal Market (AMM) is an online provider of industry news and metal pricing information for the U.S. steel, nonferrous and scrap markets. Products include a daily publication available electronically, live news on the publication's website, a hard-copy magazine and a series of weekly newsletters covering niche markets.
Nucor is also the largest steelmaker in America by output, making an estimated 20.6 million metric tons of steel per year, ranking 16th largest in the world. ... US Steel’s share price bounced ...
In 2008, 2009, 2015 and 2016 output fell in the majority of steel-producing countries as a result of the global recession. In 2010 and 2017, it started to rise again. Crude steel production contracted in all regions in 2019 except in Asia and the Middle East. India is the 2nd leading producer of iron and steel industries. [citation needed]
President Trump's new Steel Tariffs 2.0 aim to end foreign producers' exploitation and circumvention of trade laws, protecting America's steel industry and national security.
The Steel Crisis: The Economics and Politics of a Declining Industry (1986) Seely, Bruce E., ed The Iron and Steel Industry in the 20th Century (1994) (Encyclopedia of American Business History and Biography) Skrabec Jr, Quentin R. The Carnegie Boys: The Lieutenants of Andrew Carnegie that Changed America (McFarland, 2012). Temin, Peter.
Trump plans to place a 25% tariff on steel and aluminum imports. Here are the top countries that supply metals to the US. Trump is set to order new tariffs on steel and aluminum.