10 Interesting Facts About The Steel Industry

10 Interesting Facts About The Steel Industry

The NFL season is in full swing, leaving us thinking about the steel industry. While you may be thinking that’s a stretch (see fact #!1), we work to place experienced candidates with historically significant steel clients every day. Steel is an alloy of iron and carbon and sometimes includes other elements. According to Wikipedia, because of it’s high tensile strength and low cost, steel is a major component used in buildings, infrastructure, tools, ships, automobiles, machines, appliances, and weapons.

Here are a few more interesting facts you should know about steel:

1. Many people might not know that the logo on the helmet of the Pittsburgh Steelers helmet is actually the AISI (American Iron and Steel Institute) Steelmark. It was created by U.S. Steel in the 1950s and in 1962 a steel exec suggested the Pittsburgh Steelers use it. The three hypocycloids represent the materials used to make steel: Yellow for coal, orange for iron ore and blue for steel scrap.

2. More than 85% of the iron ore mined in the U.S. is mined in northeastern Minnesota. Nearly all of that passes through the Soo Locks in Sault Ste. Marie annually, connecting Lake Superior to Lake Huron.

3. In 2017, the American Iron and Steel industry accounted for more than $520 billion in economic output. Additionally, it supported nearly 2 million jobs and industry-supported workers earned more than $130 billion in wages and benefits.

4. From national defense to the transportation of the power grid, American produced steel is essential to our national security.

5. Steelmaking using Electric Arc Furnaces accounts for two-thirds of steel production in the U.S. It was introduced in the late 19th century. This method uses electric arcs to melt scrap before the steel is sent to a refining station to finalize the chemistry. Finally, it is sent to the caster to form the final shape.

6. According to the Department of Energy, the United States is recognized as the most energy-efficient of any major steel producing country. Through revolutionary developments and technology, the industry has reduced it’s greenhouse gas emissions by 37% since 1990.

7. AISI is looking at a project to build a plant to pilot Flash Ironmaking technology. In fact, this new technology will increase energy efficiency and reduce CO2 emissions.

8. Each year, more steel is recycled than paper, plastic, aluminum, and glass combined.

9. In one year, the steel industry conserves enough energy through recycling to power Los Angeles for 8 months.

10. There are more than 200 different grades of steel. Some of them are as much as 6 times stronger than the steel in 2009 and 3-4 times stronger than the latest aluminum alloys.

On the hunt for your next great steel employee?

The steel industry makes a huge impact on our everyday lives. We specialize in helping steel companies find the talent they need to run a successful operation. Reach out to me to start a conversation about how we can help your team get the edge up on your competition!