Steel’s Strong Start to the New Year
We’re only a few weeks into 2020, and we’re already seeing encouraging news from across the steel industry. Read three of the most inspiring stories below.
Capacity utilization on the rise
For the year through January 11, capacity utilization in the American steel industry reached 82.1% — a 2.3% year-over-year increase. Steel mills produced 3.01 million tons during this period. That’s according to the American Iron and Steel Institute (AISI). Read the full story.
Production increase by region
An article in the Northwest Indiana Times expands on the above AISI report with regional data to support the steel production increase. During the week ending January 11, mills in the Great Lakes region produced 677,000 tons of steel — a 1.65% increase over the previous week. During the same period, mills in the rest of the Midwest produced 214,000 tons and mills in the Southern region produced 721,000 tons. Read more here.
Strides in safety for U.S. Steel
Every company wants zero work-related employee injuries. U.S. Steel came close to it in 2019, with an OSHA Days Away from Work rate of 0.10. That’s seven times lower than the average for the U.S. steel industry as a whole, and a great achievement for such a large organization. Read the details.
All of us at American Metal hope we see a continuation of these trends in high production and low safety incidents throughout the year. We feel inspired, and we hope you do, too! And if your life is impacted by the steel industry in any way, we’d love to hear from you. Share your story now.