While prices for other materials have increased, the price for U.S.-produced steel, adjusted for inflation, is 30 percent lower today than in 1984, greatly increasing its competitiveness. Half of all the types of steel made today did not exist 10 years ago. It has harnessed the potential of new technology to upgrade and streamline the steel-making process from start to finish. It has reinvented itself, taking back market share from overseas competitors and producing and exporting steel at record rates. It has made sure that steel is the ideal environmental material.
All steel is recyclable.
And steel mills have drastically reduced emissions. It has ensured that steel is an economical choice for consumers. For specific examples of what we've done, visit our Steel Innovations link.