2015 Steel Industry Profile

Visit our reports page to see our latest Industry Profile along with archived profile books.

  • The U.S. steel industry operates more than 100 steelmaking and production facilities, producing 98 million tons in steel shipments valued at $75 billion in 2014.
  • The steel industry directly employs about 150,000 people in the United States, and it directly or indirectly supports more than one million U.S. jobs.
  • Labor productivity for the U.S. steel industry has improved five-fold since the early 1980s, when the average steel mill produced one ton of steel for 10.1 worker hours. The 2014 average was 1.9 worker hours per ton, with many facilities producing a ton of steel in less than one worker hour.
  • Steel is the most recycled material in the world – more than aluminum, copper, paper, glass and plastic combined. In North America alone, more than 80 million tons of steel are recycled or exported for recycling each year.
  • Today, 97 percent of steel by-products can be re-used and the recycling rate for steel itself is 81 percent.
  • Through recycling, the steel industry saves the energy needed to power 20 million homes for one year.
  • According to the U.S. EPA’s Sector Performance Report, the domestic steel sector is recognized as having the steepest decline of total air emissions among nine manufacturing sectors studied.
  • Advanced high-strength steel is the only material that reduces greenhouse gas emissions in all phases of an automobile’s life: manufacturing, driving and end-of-life.
  • Since 1990, the industry has reduced energy intensity by 31 percent and CO2 emissions by 36 percent per ton of steel shipped.
  • The North American steel industry is committed to the highest safety and health standards. Since 2005, U.S. steel producers have achieved a reduction of 50 percent in both the total OSHA recordable injury and illness and lost workday case rates.