US steel industry is closely linked to the development of the country as steel has become the essential requirement for all infrastructural constructions. Today, steel has become one of the important and reliable materials in the US construction industry. It is the material of choice for various sections of the construction industry due to its strength, reliability, strong performance, consistency, and versatility in designing. The US architects and engineers increasingly prefer this material over others in the construction of residential and commercial buildings. In 2012, total construction spending increased more than 9% compared to the previous year. With rise in construction activities in the country, this spending is expected to further increase during the coming years.