3 ms·
> It didn't magically go from 67% to 8% in the year 2001. In fact, it never did that. It went from x million pounds of production to 1.08*x million pounds of p
by runnerup 3y ago
> It didn't magically go from 67% to 8% in the year 2001.
In fact, it never did that. It went from x million pounds of production to 1.08*x million pounds of production. It also went from 67% domestic market share to y% domestic market share.
Gluing a couple sources together it looks like US domestic steel production was worth $90 billion in 2020 and U.S. Steel has a revenue of $21 billion in 2021. That said, this is a volatile market and 2021 had 20-30% higher sales than 2020 and 2022.