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Bureau of Mines / Minerals yearbook: Metals and minerals 1977
Year 1977, Volume 1 (1977)

Desy, D. H.
Iron and steel,   pp. 507-527 ff. PDF (2.2 MB)


Page 507

Iron and Steel By D. H. Desy1 
 Legislation and Government Programs.—A report to the President
on
a comprehensive program for the steel indus 
 In 1977, the steel industry in most of the world remained in a relatively
depressed condition. Western Europe was one of the regions most affected
by generally low demand and oversupply of steel. In Japan, steel production
declined 4.7%. Steel production in the U.S.S.R. continued to increase, but
at a lower rate than planned. Some developing countries showed substantial
increases in steel production, but many were reconsidering earlier expansion
plans for their steel industries. 
 The United States produced 125.3 million 
tons2 of raw steel, 2% less than in 1976 but 7.5% more than in 1975. The
domestic steel industry operated at 78.4% of its production capability. Net
shipments of steel products increased 2% to 91.1 million tons, despite the
decline in raw steel production, owing to inventory changes.3 
 Domestic steel prices rose by an average of 6% during the year. The United
States exported 3.1 million tons and imported 19.9 million tons of major
iron and steel products in 1977. 
Table 1.-.-Salient iron and steel statistics 
(Thousan 
d short tons) 
1973 
1974 
1975 
1976 
1977 
United States: 
Pig iron: 
Production                         
Shipments                          
Exports                            
Importsforconsumption                
Steel:1 
101,318 
101,628 
15 
446 
95,477 
95,941 
101 
342 
79,721 
79,240 
60 
478 
86,848 
86,693 
 58 
r415 
81,494 
82,392 
 51 
 373 
Production of raw steel: 
Carbon                           
Stainless                         
Allotheralloy                     
 Total                         Index2                            
132,747 
1,889 
16,163 
126,608 
2,150 
16,962 
100,360 
1,111 
15,171 
112,008 
1,684 
14,308 
108,130 
1,862 
15,341 
150,799 
118.5 
145,720 
114.5 
116,642 NA 
128,000 NA 
125,333 NA 
Capabilityutiization3                Total shipments of steel mill 
 products                        Exports of major iron and steel 
 products                          
Imports of major iron and steel 
 products                          
World production: 
Pigiron                              Raw steel (ingots and castings)    
NA 
111,430 
4,962 
15,608 
552,000 
769,000 
NA 
109,472 
6,992 
16,746 
564,000 
758,~()4) 
 76.2 
79,957 
 3,975 
12,488 r528,298 
r710100 
 80.9 
89,447 
 3,671 
r15,033 
r551 193 r747103 
 78.4 
91,147 
3,098 
19,930 
542,696 
741,648 
 TRevised NA Not available. 
 1American Iron and Steel Institute (AlSO. 
 2Based on average production in 1967 as 100. Not computed after 1974. 
 3Defmed by AISI as the tonnage capability to produce raw steel for a full
order book based on the current availabifity of raw materials, fuels, and
supplies of the industry's coke, iron, steelmaking, rolling, and finishing
facilities, recognizing current environmental and safety requirements. Not
computed before 1975. 
try, prepared by an interagency task force, was released on December 6, 1977.
The report's major recommendation was a trig- 
507 


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