Posted January 05, 2018 06:13:20The most popular steel industry industries in the United States, according to a report released Monday by the U.S. Bureau of Labor Statistics, are the two biggest in the world, with the U, S.A. and Canadian industries making up the bulk of sales.
In total, the U and S.S.-based steel producers make more than $100 million annually.
The Canadian and S&P 500 steel industries make about $65 million and $55 million respectively.
The report analyzed steel production in all U.s. steel producers from the U-M, Michigan, and Kentucky Steel facilities, and found that the U S. industry makes about $40 billion in steel annually.
That figure is nearly double the $27 billion made in the Canadian and U.K. industries, the report found.
The U. S. steel industry is not only one of the biggest in world, but also one of its most profitable, with annual production of nearly $7 billion.