Most of the previous economic crises in the United States began with the stock market crash, and each crisis, steel industry is in the “hardest hit”. Recently, the United States stock market twice circuit breaker, fell sharply. Although this stock fell is affected by the corona-virus outbreak, and China's epidemic prevention has proved that the outbreak can be controlled, will the economic crisis caused by the decline of the U.S. stock market have an impact on the steel industry?

The us stock market decline, a short-term effect, more because of the American public panic, the industrial structure and competitive situation has not yet undergone fundamental changes, the long-term impact on the steel industry is still weak.But if the outbreak pushes up unemployment and consumption into a prolonged slump, it could also have deep and long-term implications for the U.S. steel industry.