US Market Industry – Steel

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Sector: Basic Materials

The Steel industry consists of companies engaged in the extraction of iron ore and coke coal beneficiating for the processing of iron and steel. The industry includes metal ore exploration and mining services, iron and steel foundries for smelting, rolling, forging, spinning,recycling, stamping, polishing and plating of iron and steel products such as pipes, tubes, wire, spring, rolls and bars. The Steel industry excludes value-added wires, springs and industrial components, classified in Industrial Machinery & Equipment; and electrical wires, classified in Electrical Components & Equipment.