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5 Cards in this Set

  • Front
  • Back
Steel Overview
• Alloy that consists of mostly iron has a carbon content of anywhere from 0.2% to 2.1%.
• Used widely in construction of roads, railways, appliances, buildings and cars
• Steel servicers, like MUSA and RS, are providers of value-added metal processing and inventory management services. They do not produce any steel
• Developing nations will need to build large scale water; power generation and road and rail systems to supply growing nations, like Russia and China. Steel is needed for these projects.
• Will need a large supply of beams, bars and plates which MT and MUSA are involved in.
• If China exported more steel because of an oversupply in the country, this could hurt the global supply-demand balance price.
• Many steel companies are not hedged in natural gas, if natural gas increased this could negatively affect many companies.
Metals and Mining: Steel

Steel Production per year
ArcelorMittal- MT 91 million tons
US Steel Corp- X 32 million tons
Nucor Corp- NUE 26 million tons
AK Steel- AKS 5 million tons
Steel Dynamics- STLD 5 million tons
Metals USA- MUSA Servicer
Reliance Steel & Aluminum Co- RS Servicer
AK Steel

AKS

1.6 Billion

Company Info
• Headquartered in Ohio
• The company operates seven steel plants and two tube manufacturing plants across four states – Indiana, Kentucky, Ohio and Pennsylvania.
• Reached $6 billion in revenue and produces 5 millions tons of steel a year
• 90% of sales comes from the US
AKS
• Headquartered in Ohio
• The company operates seven steel plants and two tube manufacturing plants across four states – Indiana, Kentucky, Ohio and Pennsylvania.
• Reached $6 billion in revenue and produces 5 millions tons of steel a year
• 90% of sales comes from the US
AKS

More
• Could be negatively affected if government came out with more strict laws concerning carbon dioxide emissions.
• Biggest customers are automotive producers. If foreign producers were to expand to the US and target automotive producers, this could hurt the company.
• Flat rolled steel prices and utilization are key drivers for the company.
• Electrical steel business generates 40% of company’s profitability.
• Flat rolled steel production, which goes to automobiles and appliances are a big part of the company.