Editing Steel (section)

==Industry==
{{See also|History of the steel industry (1850–1970)|History of the steel industry (1970–present)|Global steel industry trends|Steel production by country|List of steel producers}}
[[File:Steel production by country map 2023.png|thumb|upright=1.5|Steel production (in million&nbsp;tons) by country as of 2023]]
The steel industry is often considered an indicator of economic progress, because of the critical role played by steel in infrastructural and overall [[economic development]].<ref>{{cite web |title=Steel Industry |url= http://bx.businessweek.com/steel-industry/ |access-date=12 July 2009 |url-status=dead |archive-url= https://web.archive.org/web/20090618230340/http://bx.businessweek.com/steel-industry/ |archive-date=18 June 2009}}</ref> In 1980, there were more than 500,000 U.S. steelworkers. By 2000, the number of steelworkers had fallen to 224,000.<ref>"''[https://books.google.com/books?id=iOgfSDKecCcC&pg=PA4557 Congressional Record V. 148, Pt. 4, April 11, 2002 to April 24, 2002]''". [[United States Government Printing Office]].</ref>

The [[boom and bust|economic boom]] in China and India caused a massive increase in the demand for steel. Between 2000 and 2005, world steel demand increased by 6%. Since 2000, several Indian<ref>{{cite web |url= http://csmonitor.com/2007/0212/p07s02-wosc.html |title=India's steel industry steps onto world stage |access-date=12 July 2009 |work=Cristian Science Monitor |last=Chopra |first=Anuj |date=12 February 2007}}</ref> and Chinese<ref>{{cite web |title=Worldsteel &#124; World crude steel output decreases by −2.8% in 2015 |url= https://www.worldsteel.org/media-centre/press-releases/2016/--World-crude-steel-output-decreases-by--2.8--in-2015.html |url-status=dead |archive-url= https://web.archive.org/web/20170202084313/http://www.worldsteel.org/media-centre/Press-releases/2016/--World-crude-steel-output-decreases-by--2.8--in-2015.html |archive-date=2 February 2017 |access-date=26 December 2016}}</ref> steel firms have expanded to meet demand, such as [[Tata Steel]] (which bought [[Corus Group]] in 2007), [[Baosteel Group]] and [[Shagang Group]]. {{Asof|2017}}, though, [[ArcelorMittal]] is the world's [[List of steel producers|largest steel producer]].<ref>{{cite web |url= https://www.worldsteel.org/en/dam/jcr:1a0978ce-d387-4ce9-8d1b-5f929f343ac1/2017_2016+top+steel+producers_Extended+list.pdf |publisher=World Steel Association |title=Top Steelmakers in 2017 |access-date=22 August 2018 |archive-url= https://web.archive.org/web/20180823005844/https://www.worldsteel.org/en/dam/jcr:1a0978ce-d387-4ce9-8d1b-5f929f343ac1/2017_2016+top+steel+producers_Extended+list.pdf |archive-date=23 August 2018 |url-status=dead}}</ref> 

In 2005, the [[British Geological Survey]] stated [[China]] was the top steel producer with about one-third of the world share; [[Japan]], [[Russia]], and the [[United States]] were second, third, and fourth, respectively, according to the survey.<ref>{{cite web |title=Long-term planning needed to meet steel demand |work=The News |date=1 March 2008 |url= http://www.hellenicshippingnews.com/index.php?option=com_content&task=view&id=1576&Itemid=46 |access-date=2 November 2010 |archive-url= https://archive.today/20240525020105/https://www.webcitation.org/5twr3Sstf?url=http://www.hellenicshippingnews.com/index.php%3Foption=com_content&task=view&id=1576&Itemid=46 |archive-date=25 May 2024 |url-status=dead}}</ref> The large production capacity of steel results also in a significant amount of carbon dioxide emissions inherent related to the main production route. 

At the end of 2008, the steel industry faced a sharp downturn that led to many cut-backs.<ref>{{cite news |url= https://www.nytimes.com/2009/01/02/business/02steel.html?_r=1&partner=permalink&exprod=permalink |title=Steel Industry, in Slump, Looks to Federal Stimulus |last=Uchitelle |first=Louis |author-link=Louis Uchitelle |date=1 January 2009 |newspaper=The New York Times |access-date=19 July 2009}}</ref>

In 2021, it was estimated that around 7% of the global greenhouse gas emissions resulted from the steel industry.<ref>{{Cite web |last=Rossi |first=Marcello |date=4 August 2022 |title=The Race to Remake the $2.5 Trillion Steel Industry With Green Steel |url= https://singularityhub.com/2022/08/04/the-race-to-remake-the-2-5-trillion-steel-industry-with-green-steel/ |access-date=6 August 2022 |website=Singularity Hub}}</ref><ref>{{Cite web |title=Global Steel Industry's GHG Emissions |url= https://www.globalefficiencyintel.com/new-blog/2021/global-steel-industrys-ghg-emissions |access-date=6 August 2022 |website=Global Efficiency Intelligence |date=6 January 2021}}</ref> Reduction of these emissions are expected to come from a shift in the main production route using cokes, more recycling of steel and the application of [[carbon capture and storage]] technology.