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.

	Historical					Forecasted
	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
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.



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.

Distribution by Company Size

Company Size	All Industries	Iron & 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:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" company (both public and private companies included).

	Industry Average	Percent 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

Iron & Steel Mills - Financial Ratio Analysis

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

Financial Ratio	Industry 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 Description	Description	Revenue ($ 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

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	4%
Chief Executives	0%
General and Operations Managers	1%
Architecture and Engineering Occupations	7%
Office and Administrative Support Occupations	6%
Installation, Maintenance, and Repair Occupations	14%
Other Installation, Maintenance, and Repair Occupations	11%
Industrial Machinery Installation, Repair, and Maintenance Workers	9%
Industrial Machinery Mechanics	6%
Production Occupations	47%
Metal Workers and Plastic Workers	35%
Forming Machine Setters, Operators, and Tenders, Metal and Plastic	9%
Rolling Machine Setters, Operators, and Tenders, Metal and Plastic	7%
Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic	9%
Metal Furnace Operators, Tenders, Pourers, and Casters	6%
Metal-Refining Furnace Operators and Tenders	5%
Other Production Occupations	6%
Transportation and Material Moving Occupations	12%
Material Moving Workers	11%

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

Company	Address	Revenue ($ Millions)