How Has The Increase In Steel Imports To The U.S. Impacted ArcelorMittal’s North American Operations?
An increase in cheap steel imports into the U.S. has negatively impacted the North American operations of steelmakers such as ArcelorMittal. Robust overall growth in demand for steel in the U.S. propped up the NAFTA division’s shipments and realized prices in 2014. However, the impact of the increase in steel imports was evident in 2015 (a year in which overall U.S. steel demand growth was fairly subdued), with the NAFTA division’s shipments and realized prices declining 8% and 13%, respectively, on a year-over-year basis, primarily due to competition from imports.
Have more questions about ArcelorMittal? See the links below.
- What Is ArcelorMittal’s Revenue And EBITDA Breakdown?
- What Is ArcelorMittal’s Fundamental Value Based On 2015 Results?
- By What Percentage Did ArcelorMittal’s Revenue & EBITDA Change In The Last 4 Years?
- How Has ArcelorMittal’s Revenue Composition Changed Over The Last 4 Years?
- By What Percentage Can ArcelorMittal’s Revenue & EBITDA Grow In The Next 3 Years?
- How Will ArcelorMittal’s Revenue Composition Change by 2020?
- ArcelorMittal: A Look Back At The Year 2015
- With Steel Facing Competition From Aluminum In Automotive Applications, By What Percentage Will ArcelorMittal’s Automotive Steel Shipments Change By 2020?
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Notes:
1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for ArcelorMittal
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