BREAKING
Steelmakers vs Data Centers for Power
0
M+
Added power cost/yr
0
t
Steel per data center
Data Center Power Use Climbing
Pre-2020
2
~2023
4.4
2028 high
12
Two-Sided Position for Steel
Tailwind
Demand
●
Construction boom lifts steel
●
Up to 20,000 tons per site
●
Supports long-products market
Headwind
Input
●
Rising electricity costs
●
24/7 data center demand
●
Competing for welders
Concentration Strains the Grid
AI's Power Strain Hits Manufacturing
AI NEWS BLITZ
US steelmakers warn they're locked in a high-stakes contest for electricity with AI data centers.