Steel metal was discovered in 13 century and today steel
is the common metal of the world, in its simplest form, it consists of iron and varying amounts of carbon. Iron is the major component of steel, with carbon being a distant second, at between 0.2% and 2.14%, depending on the grade. Steel metal mostly used in automobiles companies, ships, buildings and even weapons. Generally one of the most uses for steel is the manufacturing of automobiles.
In these days the steel price
is measured in us dollar per metric ton, in the United States, the automotive industry accounts for a large portion of steel industry. The price is expected to continue to rise in the future as new ways to use the steel are developed each year.