U.S. steel news: 2010
United States’ raw steel production increased close to 38 percent from 2009 to 2010, according to the American Iron and Steel Institute. The nation produced nearly 88.5 million tons of steel between January and December 2010, surpassing the 64.3 million tons of steel produced in 2009. Still, this year’s U.S. steel market performed under historical averages, ranging from 90 million tons to 101.8 million tons, according to Steel Business Briefing. Production for the year was down 13 percent from 2008 and eighteen percent from both 2006 and 2007.