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Alabama Iron and Steel Industry Facts (2008 data estimated) |
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| Tons of steel produced | 7.55 million |
| Avg. annual wage, iron and steel mills | $75,000 |
| Tons of recycled scrap steel used in production | 5.5 million |
| Capital investment | $4 billion |
| Environmental investment/operation costs | $50 million |
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Alabama Iron and Steel Producers and Processors |
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| Alabama primary metal employment | 18,179 |
| Steel mill and pipe plant employment | 8,863 |
| Total Alabama jobs tied to iron and steel | 60,786 |
| Labor income from steel and pipe industry | $525 million |
| Purchase of Alabama goods/services by industry | $1.65 billion |
| Total estimated economic impact | $3.3 billion |
- Alabama’s Leadership in Iron and Steel Production: Since 1890, Alabama has been a leading steel producer and today remains among the top five steel-producing states. Birmingham plants also manufacture 65% of the nation’s cast iron pipe.
- Heavy Metal Crucial to Alabama’s Economy: For every one job in Alabama’s iron and steel industry, another three jobs are generated. Labor income tied to iron and steel pump $4.2 billion into Alabama’s economy every year. Industries linked to iron and steel range from manufacturing services and utilities to transportation.
- Major Tax Contributor: Iron and steel companies annually pay more than $70 million in state, local and federal taxes every year.
- Enriching Alabama Education: Alabama steel companies invest $5 million annually in school programs and scholarships, environmental education, worker training and employee tuition.
- Charitable Contributions: Alabama iron and steel companies contribute $1.5 million to the United Way, Habitat for Humanity and other charitable organizations each year.
- Environmentally Responsible: Steel is the number one recycled material in the U.S. Alabama steelmakers and pipe companies buy nearly 5.5 million tons a year in scrap materials.