{"id":20122,"date":"2019-08-29T05:40:59","date_gmt":"2019-08-29T05:40:59","guid":{"rendered":"http:\/\/www.ceo-na.com\/?p=20122"},"modified":"2019-08-19T23:40:37","modified_gmt":"2019-08-19T23:40:37","slug":"iron-and-steel","status":"publish","type":"post","link":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/news\/iron-and-steel\/","title":{"rendered":""},"content":{"rendered":"

Employees at the country\u2019s iron and steel mills dropped 53% since 1990.<\/p>\n

<\/p>\n

While annual steel production in the U.S. has been almost flat since 1990, the number of steel jobs has fallen by half.<\/p>\n

That productivity gain argues against increasing jobs.<\/p>\n

According to the\u00a0Bureau of Labor Statistics, the number of employees at the country\u2019s iron and steel mills has tumbled 53% since 1990, to 87,700 in November 2018.<\/p>\n

On the other hand, according to the\u00a0World Steel Association<\/a>,\u00a0U.S. steel production dropped only 2.2% in the same period, all of this despite\u00a0Trump told voters in industrial battleground states such as Ohio and Indiana that he would enact trade policies that would spark a revival in steel jobs during his presidential campaign.<\/p>\n

According to Bloomberg<\/a>, the\u00a0American Iron and Steel Institute (AISI), a trade group, reported that average capacity utilization industrywide touched the 80% level in the first week of 2019, up 7 percentage points from a year earlier. That\u2019s one reason analysts expect\u00a0U.S. Steel Corp.\u00a0to report a 175% jump in 2018 profit, to $936.2 million, on January 30th.<\/p>\n

U.S. workers produced about 478 tons per person in 1990, when about 185,400 people worked in the industry, according to government data. By 2018, production had hit almost 1,000 tons a person, with 87,700 workers in the sector. This means that in less than 30 years, steelworkers have become twice as productive.<\/p>\n

Keybanc Capital Markets\u00a0estimates that about 10 million to 15 million more tons of annual capacity will come online over the next three to five years, or about a 15% increase from 2018\u2019s total production.<\/p>\n","protected":false},"excerpt":{"rendered":"

Employees at the country\u2019s iron and steel mills dropped 53% […]<\/p>\n","protected":false},"author":8,"featured_media":20123,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1338],"tags":[99,1385,913,578,1751,888],"class_list":["post-20122","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ceo","tag-ceo-northam","tag-iron","tag-jobs","tag-production","tag-steel"],"_links":{"self":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/20122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/comments?post=20122"}],"version-history":[{"count":2,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/20122\/revisions"}],"predecessor-version":[{"id":20125,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/20122\/revisions\/20125"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media\/20123"}],"wp:attachment":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media?parent=20122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/categories?post=20122"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/tags?post=20122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}