Founded | 1901 | 1950 |
Number of employees | 21,803 | 106,000 |
Capital investment (USD) | $2.5 billion in 2023 | $3.2 billion in FY 20222 |
R&D investment (USD) | ~$40 million in 20233 | $522 Million in fy 20224 |
Annual global crude steel production | 22.4 Million Tons (20.3 Million Tonnes) | 72.7 Million Tons (66 Million Tonnes)5 |
Number of blast furnaces | 66 | 11 |
Number of EAF's | 3 | 4 |
Number of hot strip mills | 4 | 6 |
Number of cold mills | 9 | 20 |
Strong history with union-represented employees | | |
Unwavering focus and commitment on safety | 2022 “Safety First” Performance - 0.05 global days-away-from-work case rate
- 93% better than the U.S. Bureau of Labor Statistics’ qualifications for the Iron, Steel and Ferroalloy Manufacturing category
- 94% better than the World Steel Association’s qualifications
| 2022 Performance - Ongoing risk assessments
- 0.11 accident frequency rate (# reported accidents, recordable incidents and lost work days / total # employee hours) compared to Japan’s steel industry average of 0.98
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Best-in-class technologies and manufacturing capabilities | - Expertise in both integrated and mini mill steelmaking technologies
- Developing sustainable steel made with the world’s most advanced mini mill technologies
- Proven innovator in energy efficiency
- Delivers high-grade steel products, such as electrical steel and automotive flat steel to customers
| - Expertise in integrated steelmaking technologies
- Proven track record of acquiring, operating, and investing in steel mill facilities globally
- Delivers high-grade steel products, such as grain-oriented electrical steel and automotive flat steel to customers
- Promotes digital transformation strategies
- Developing breakthrough technologies to progress towards carbon neutrality goal
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Committed to decarbonize by 2050 | | |
Committed to advancing Mined, Melted and Made in America portfolio of products | | |
Strong track record of values-based leadership team | | |
Goal to become the best steelmaker with world-leading capabilities | | |
Strong commitment to communities | | |