Steel Industry Forecasts

Paper Summary:

This paper deals with economic factors and other global business issues effecting the steel industry in the United States.

From the Paper:

"After March of 2001, when the U.S. government allowed the implementation of Section 201, the future of the steel industry in the United States was suddenly not so grim. Many steel companies and their workers took a sigh of relief as Section 201 took affect and issued higher tariffs on certain types of steel products. These products were those whose sales levels had been harmed as a result of agreeing to lower trade duties in accordance to the World Trade Organization. The benefits from the 201 actions are evident with the U.S. economy continuing to grow between $2 and $4 billion each year, since its inception ("The New Steel Industry", 2005). Future Capacities: Although the U.S. Steel Industry has made a significant recovery from is dismal past the fact remains that they could still be at risk for steel imports and competition."

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