Global structural steel usage will continue to grow on an annualized rate of 5.5% through 2025. Fueling the growth are developed countries - including the United States, United Kingdom and Germany - that will continue to build residential and non-residential

structures, such as schools, offices and hospitals.

Source: IndustryARC Analysis and Expert Insights

© 2018 American Metal Market

Global Structural Steel Usage

The global rebar market is expected to grow due to emerging construction and infrastructureneeds. Rebar factors significantly into composite concrete construction. North America will havethe largest rebar construction market during the forecast period, with Asia-Pacific and European demand growing as well. Influencing growth outside of North America are infrastructure projects,

an expanding manufacturing base and government initiatives for stricter building and construction regulations in nations such as China and India.

Steel Rebar Market Value, 2016-21 ($ Million)

Steel Use in Construction: Key Statistics

In addition to residential and non-residential buildings, structural and rebar factor mightily into infrastructure – both new developments and replacement projects. For the near term, the bright spots in the market continue to be airport terminals, public transit and Class 1 railroads, as well as private

driveway, street and parking lot construction associated with residential and commercial developments. Much-needed highway and bridge upgrades are expected in the coming years.

More than

of all steel goes into

building components

require

50%New high-

strength steel

buildings and infrastructure less material

Non-residential Residential

highest strength-to-weight ratio

steel last more than

Steel is Steel has the Buildings made with

of all construction

materials

- the global construction

recovery rate is

100%

85%25-50%

recyclable

100years

US Transportation Construction Market

Fully one-third of US bridges are structurally deficient. Policymakers in Washington, DC,have voiced their intent to develop a wide-ranging program to repair and/or replace the nation’s

aging infrastructure. In addition to roads and bridges, many US airports are becomingtechnologically obsolete and otherwise unable to safely handle their traffic loads.

% of bridges structurally deficient 0-4%5-8.9%9% or higher

There are 174 million daily crossings on nearly

54,300 structurally deficient US bridges

2018 Deficient Bridge Report

Source: American Road Transportation Builders Association

Source: American Road Transportation Builders Association

Source: World Steel Organization

Source: Grand View Research

2016 2017 2018 2019 2020 2021

As key staple of building projects, steel products such as structural and rebar offer buildersand owners numerous advantages compared with alternate materials. New generations ofhigh-strength construction steels further enhance steel’s leading position in terms of great

ductility, ease of fabrication, seismic resistance and fast erection.

1 2 3 4 5

2014 2015 2016 2017 2018 2019 2020 2022 2023 2024 20252021

2016 2017 (e) 2018 (f) 2019 (f) 2020 (f) 2021 (f)2015 2022 (f)

ARTBA 2018 Forecast of Real Value of US Transportation Construction Market

Total Construction Activity Total Support Activities

$ in

bill

ions

201

7

$300

$250

$200

$150

$100

$50

$0

$186.8

$55 $63.9 $59.9 $61.4 $63.1 $64.9 $66.7 $68.6

$190.2 $187.1 $192.8 $199.2 $204.5 $209.3 $214.5

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Building the Future with Structural and Rebar