The steel industry is a major contributor to the U.S. economy, with shipments increasing steadily since the downturn of the early 1990s. Industry downsizing and consolidation have reduced U.S. raw steel production capability by about 30% since 1980. At the same time, capability utilization has risen to 86.1% in 2000. [AISI 2000]

Value of Shipments (1992-2001)*
Billion Dollars (Constant Dollars 1998=100)

Source: DOC 1993, 1996, 2001

* NAICS 3311 & 3312