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There are xx businesses in the Iron & Steel Manufacturing industry in the US, which is expected to decline at xx% over the next five years. Companies in this industry manufacture pig iron, steel and ferroalloys. Pig iron is often manufactured in a blast furnace or via newer direct-reduction methods. Steel may be manufactured in basic oxygen furnaces (newly made steel) or electric arc furnaces (recycled steel). This industry also includes operators that manufacture basic steel shapes such as bars, plates, rods, sheets, strips and wire or form pipes and tubes from steel they have produced.
Curious about what drives these trends? IBISWorld's Iron & Steel Manufacturing in the US industry coverage has got you covered.
Total value (#) and annual change from 2012 – 2030.
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| Industry | Sector | Last 5-yr CAGR | Forecast 5-year CAGR | Revenue |
|---|---|---|---|---|
| Aluminum Production in the US |
|
XX% | XX% | $XX |
| Nonferrous Metal Rolling & Alloying in the US |
|
XX% | XX% | $XX |
| Carbon Fiber & Graphene Manufacturing in the US |
|
XX% | XX% | $XX |
| Metal Pipe & Tube Manufacturing in the US |
|
XX% | XX% | $XX |
| Steel Rolling & Drawing in the US |
|
XX% | XX% | $XX |
| Copper Rolling, Drawing & Extruding in the US |
|
XX% | XX% | $XX |
| Iron & Steel Manufacturing in Canada |
|
XX% | XX% | $XX |
| Iron Smelting & Steel Manufacturing in Australia |
|
XX% | XX% | $XX |
| Iron & Steel Manufacturing in the UK |
|
XX% | XX% | $XX |
| Iron and Steel Smelting in China |
|
XX% | XX% | $XX |
When the stakes are high, you need intelligence that cuts through the noise—wherever you work.
There is 196 Iron & Steel Manufacturing in the US businesses as of 2026, an decrease of -2.5% from 2025.
The number of Iron & Steel Manufacturing in the US businesses has declined -5.4% per year on average over the five years between 2021 and 2026.
See our full analysis of the Iron & Steel Manufacturing in the US to understand if the mumber of bussinesses is expected to grow or decline over the next five years.
The Iron & Steel Manufacturing in the US has moderate market share concentration and the largest business is Nucor Corporation.