Saturday, May 23, 2015

Construction in US & Structural Steel Industry

Major aspect of economical health in North America has been the construction industry. But in the recent slow down the economy has suffered such that there has been a rapid down slide in the industry. Nevertheless with ever growing population the residential construction has been gradual but still significant. The negative impact has been furthered by the credit squeeze.

About six million tons steel was made use of in USA. With the total production of more than seven million tons USA is a net exporter of structural steel. This augurs that the industry is alive and kicking. The worker strength of the industry is  more that one hundred  fifty thousand. There are  more than two thousand local fabrication concerns spread all across America. They are servicing more than eight thousand projects.     

As more and more buildings are being framed in structural steel the future is bright.

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