Steel is the framework that holds American businesses together, both structurally and economically. Small business to large corporations. Private sector to public sector. Entrepreneurs to investors. SMA members are deeply involved in building and maintaining these relationships to help promote free enterprise, fair trade and job creation.
Steel imports often vary in grade because of the unregulated levels of alloys and other elements used in production. This can result in steel that is cheaper to produce, but weaker in strength.
Low wages. No health insurance. No workers’ rights. Unregulated work environments. These are just a few of the many reasons foreign steel producers are able to drive down cost.
New steel products from domestic steelmakers typically contain over 90% recycled content.
Safety is our top priority. SMA members provide an environment where a strong safety culture drives the health and wellness of our workforce.
Innovative technologies and investments allow many SMA member companies to produce steel at less than 1 man-hour per ton.
Strength. Support. Stability. These physical qualities of steel are what EAF steel has provided the American economy for decades — through jobs, salaries and domestic investment.
Our members directly and indirectly generate two million jobs in North America.
The average total compensation (wages and benefits) of SMA member employees is $80,000.
Domestic steelmakers have announced more than $15.7 billion dollars in new or upgraded steel facilities.