- In year 2006, US steel production grew by 3.8% as compared to year 2005. Whereas, US steel production level in year 2005
remains same as compare to year 2004 due to high level of inventories & high steel prices.
- US steel imports are dramatically increasing resulting in steel trade deficit. In 2006, imports increased 34% by value terms.
- US Steel industry is closely linked with domestic economic growth & global steel market situation. The economics of the
steel industry has been one of the reasons for its weak performance in the past.
- Demand is expected to rise moderately in future in US steel industry. It is expected that US players’ focus will be upon
capacity utilization rather than capacity addition.
- Future potential of the industry.
- Who are the key competitors in the US Steel industry?
- What opportunities exist for the steel manufacturers in United States?
- What are the success & sensitivity factors for the industry?
- What will be the major driving forces for the industry?