The steel industry specializes in the manufacturing and production of steel, pipes, and tubes. Majority of these materials are used in the manufacturing of motor vehicles, machinery, containers, construction steel, and more. The steel industry in the United States is highly concentrated with the top companies generating more than 90% of the revenue. A compilation of steel company logos that operate in the steel industry are outlined below.
A number of high cost producers can negatively impacted in this industry when global steel demand slows and excess capacity exists. The ongoing volatility in raw materials costs have impacted many companies throughout this sector. Finding ways that increasingly impact utilization rates will improve profitability throughout this industry.
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