Steelmaker incomes recover with Section 232 import measures: U.S. steel producers' net income, annual and as a share of sales, 2001–2020
Net income | Income/sales | |
---|---|---|
2001 | -$7 | -8.6% |
2002 | -$2 | -2.9% |
2003 | -$3 | -4.1% |
2004 | $9 | 7.8% |
2005 | $9 | 7.6% |
2006 | $12 | 8.8% |
2007 | $9 | 6.4% |
2008 | $5 | 3.5% |
2009 | -$7 | -7.7% |
2010 | -$1 | -0.9% |
2011 | $3 | 2.5% |
2012 | $3 | 2.3% |
2013 | $0 | 0.3% |
2014 | $2 | 1.9% |
2015 | -$4 | -3.6% |
2016 | $1 | 1.0% |
2017 | $4 | 3.7% |
2018 | $8 | 6.4% |
2019 | $3 | 2.5% |
2020* | -$1 | -1.5% |
Note: 2020 data includes the first quarter through the third quarter.
Source: U.S. Census Bureau 2021; Bureau of Labor Statistics 2021b.