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7 Pages

What drives US flat steel demand?

What drives US flat steel demand?

Report summary

We are adding downstream steel product coverage to the Steel Market Service as a natural expansion of our sector-by-sector demand modelling. In the first instance, we have added our views on flat steel production and demand in the US.

Flat steel production is the cornerstone of US steelmaking and it is heavily exposed to the automotive sector. The automotive industry is changing rapidly, with lightweighting considered a priority. Irrespective of whether lightweighting is achieved through increased penetration of high-strength steels, aluminium or plastics, the aim is certain – to consume less material, including steel per vehicle. This trend poses a substantial long-term risk for steelmaking in the US, particularly for flat products. 

What's included?

This report includes 1 file(s)

  • What drives US flat steel demand? PDF - 639.81 KB 7 Pages, 0 Tables, 10 Figures


This Metals Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.

For industry participants and advisors who want to look at the trends, risks and issues surrounding this topic, this report gives you an expert point of view to help inform your decision making.

Our analysts are based in the markets they analyse and work with high-quality proprietary data to provide consistent and reliable insight.

We provide unique in-depth analysis of the metals supply industry so you can make confident strategic decisions.

  • Structure of the US steel market
    • Our downstream steel model structure
  • What is flat steel used for?
  • Long-term trends
    • Product interdependency is high
  • Summary: flat product demand restricted by automotive weakness

In this report there are 10 tables or charts, including:

  • Structure of the US steel market
    • Flat steel output is important
    • What are flat products?
    • What drives US flat steel demand?: Image 3
  • What is flat steel used for?
    • Most HR coil is used for further processing
    • Demand is primarily met by domestic steelmaking
    • Most HR and CR coil is consumed in further processing
    • Manufacturing sectors drive end-use demand for flat products
    • Overall we estimate long products represent ~30% of total steel consumption
    • The automotive sector has driven galvanised steel demand
  • Long-term trends
    • What drives US flat steel demand?: Image 10
  • Summary: flat product demand restricted by automotive weakness
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