The AI Infrastructure Stack
Overview  /  Tier VII Raw Inputs  /  Layer 18: Raw Materials
Sub-category 18.3

Steel

DC construction, rebar, structural — plus transformer-grade electrical steel (GOES) which has its own tight supply story.

Players

Players: Nucor NUE, Steel Dynamics STLD, US Steel X, Cleveland-Cliffs (electrical steel) CLF, ArcelorMittal MT, POSCO PKX, Nippon Steel 5401.T, JFE Holdings 5411.T, Commercial Metals CMC, Worthington Steel WS

Analysis coming soon — this page is scaffolding for deeper research into steel.