THE POWER OF AMERICAN STEEL

The steel industry supports almost two million American jobs. That means 387,000 direct iron and steel jobs, 716,000 supplier jobs and 878,00 induced jobs come from the American steel industry.

THE ROLE OF AMERICAN STEEL

The steel industry plays a dynamic role in the U.S. economy. The industry accounts for $520 billion in economic output, and generates an estimated $56 billion in federal, state and local taxes. Industry-supported workers also earn more than $130 billion in wages and benefits.

AMERICAN STEEL = AMERICAN SECURITY

Maintaining healthy domestic steel production is essential to our national security.The 16 critical infrastructure sectors that the Obama-Biden Administration defined as being essential to our nation’s security utilize American-made steel.

STEEL PLANTS RE-OPENED

Since the Section 232 was announced, plants have reopened and companies are powering new investments, enabling the hiring of thousands of workers, including employees laid off after years of unfair and illegal foreign trade practices. 

BILLIONS IN NEW INVESTMENTS

Steelmakers are responding to the steel tariffs by investing capital in American steel production and innovation. Billions of dollars in investments have already been announced with a lot more opportunity ahead. These large investments provide new tax revenues for school districts and local, state and federal governments.

BUILDING BACK AMERICA

Our economy is now recovering, demand for steel is on the rise and America’s steel industry is helping build back our Nation. We’ll do so with high paying jobs for American workers, building in America and continuing to lead the world in energy efficiency, reduced emissions and sustainability.