Although steel isn’t a new and flashy product, it is still immensely essential to our economy and the global economy. The steel industry employs more than 2 million people worldwide, and 6 million in supporting industries (contractors, for example). Considering steel is still an essential material to many finished products like automobiles, construction, transportation, and power the steel industry indirectly employs more than 50 million people worldwide! It’s hard to imagine life without steel.
