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The United States was a distant third at almost 89 million. A “tonne” is equal to 1,000 kilograms; it is about 10 percent more than a traditional ton. Around the world, 1.41 billion tonnes of steel was used in 2012. The United States consumed almost 97 million tonnes. This was second only to China, which went through a whopping 646.2 million.

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The element iron (Fe) is one of the most abundant on earth, but it does not occur in nature in useful metallic form. Iron ore is the term applied to a natural iron-bearing mineral in which the content of iron is sufficient to be commercially usable. Metallic iron, from which steel is derived, must be extracted from iron ore. By definition, steel is a combination of iron

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May 20, 2015 · Trends in Steel Usage in the Automotive Industry As per the World Steel Association estimates, the automotive sector accounts for roughly 12% of the overall global steel consumption.

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The Surface Transportation Assistance Act of 1982 (STAA), Section 165 contains the basic Buy America statute applying to Federal-aid highway construction projects. Section 165 requires that Federal-aid funds may not be obligated for a project unless steel, cement and manufactured products used in such projects are produced in the United States.

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