Iron & Steel Mills Industry: Statistics, Forecasts, and Company Data

Iron & Steel Mills - Market Size and Industry Forecast

The 2023 Iron and Steel Mills Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2018 to 2028 reflect industry trends and growth patterns. Revenues include both public and private companies in the iron & steel mills industry.

HistoricalForecasted
20182019202020212022202320242025202620272028
Market Size (Total Revenue)

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Market Size
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Iron & Steel Mills - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Iron & Steel Mills companies in the United States.

Iron & Steel Mills Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesIron & Steel Mills
Small Business (< 5 Employees)

Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Iron & Steel Mills - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Iron & Steel Mills - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Iron & Steel Mills - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)

Iron and steel mills

Coke oven and blast furnace products, made in steel mills

Coke oven prods., coke (exc. screenings/breeze), steel mills

Coke oven products, screenings and breeze, steel mills

Coke oven products, crude tar, made in steel mills

Coke oven products, crude light oil, made in steel mills

Blast furnace pig iron (exc. ferroalloys), steel mills

Blast furnace slag, excluding ferroalloys, steel mills

Coke oven and blast furnace products, steel mills, nsk

Steel ingots and semifinished shapes and forms, steel mills


Iron & Steel Mills - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations4%

Chief Executives0%
General and Operations Managers1%
Architecture and Engineering Occupations7%
Office and Administrative Support Occupations6%
Installation, Maintenance, and Repair Occupations14%
Other Installation, Maintenance, and Repair Occupations11%
Industrial Machinery Installation, Repair, and Maintenance Workers9%
Industrial Machinery Mechanics6%
Production Occupations47%
Metal Workers and Plastic Workers35%
Forming Machine Setters, Operators, and Tenders, Metal and Plastic9%
Rolling Machine Setters, Operators, and Tenders, Metal and Plastic7%
Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic9%
Metal Furnace Operators, Tenders, Pourers, and Casters6%
Metal-Refining Furnace Operators and Tenders5%
Other Production Occupations6%
Transportation and Material Moving Occupations12%
Material Moving Workers11%

Government Contracts

In the past, the federal government spent an annual total of $4,081,166 on the iron & steel mills industry. It has awarded 219 contracts to 12 companies, with an average value of $340,097 per company.

Iron & Steel Mills and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)





Iron & Steel Mills Industry Report
GeographyUnited States  
Publication DateDecember 2023
Report FormatPDF Download  
Price

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