What hinders the recovery of American steel industry

It has become a consensus that the US economy is recovering, but few people can feel the obvious signs, which is no exception in the steel industry.

Although the iron and steel industry was a pillar industry in the early days of the founding of the United States, and there was also a legend of Carnegie, the steel king, but with the adjustment of the economic and industrial structure, by 2019, 75.5% of the demand for steel in the United States will be produced domestically, and the remaining 24.5% will be imported.

Like copper, lithium and other raw materials, the U.S. steel industry has been caught off guard by the rapid rebound in demand. The most difficult problem is not the rising price of iron ore and the renewal of equipment, but the lack of workers.