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The value of iron and steel produced in 2014 was $113 billion. [2] About 0.3% of the US population is employed by the steel industry. [3] As of 2022, major steel-makers in the United States included Cleveland-Cliffs, Carpenter Technology, Commercial Metals Company, Nucor, Steel Dynamics, and U.S. Steel. [4]
For each commodity they quote a range (low and high price) which reflect the buying and selling about 9-fold due to China's transition from light to heavy industry and its focus on manufacturing. [2] China became the world's largest consumer of iron ore in 2003, [ 3 ] and accounts for over half of global metal consumption.) [ 4 ]
The $14.9 billion sale of iconic steelmaker US Steel to Japan’s Nippon Steel ends months of speculation over industry consolidation in a move criticized by union workers, but seen by one analyst ...
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.
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]
The Global Restructuring of the Steel Industry: Innovations, Institutions, and Industrial Change London: Routledge, 1999 online version; Etienne, Gilbert. Asian Crucible: The Steel Industry in China and India (1992) *Hasegawa, Harukiyu. The Steel Industry in Japan: A Comparison with Britain 1996 online version; Hoerr, John P.
Processed taconite pellets as used in the steelmaking industry, with a US quarter (0.96 in./24.3 mm) shown for scale. Iron mining in the United States produced 48 million metric tons of iron ore in 2019. [1] Iron ore was the third-highest-value metal mined in the United States, after gold and copper. [2]
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