Facts about Steel

Steel siding. Image Source: Material Suppliers.

The Canadian Steel Producers Association (CSPA) acts as the regulatory body and “voice” for Canada’s $14 billion steel-producing industry.  It is easy to forget the pivotal role that steel plays in the Canadian economy.  The automotive, construction, transmission, and many other manufacturing applications and industries depend on it.

In addition, steel production helps support 150,000 jobs across the country per year, and contributes to $9 billion in purchased goods.

The CSPA works to help ensure the “sustainable success” of the Canadian steel industry, by ensuring that Canadian steel production remains innovative and competitive.  It is the CSPA’s goal to work with the public and private sector to develop public policies that benefit the Canadian steel industry.

Here are a few more interesting facts about steel, as per the CSPA website:

  • The average Canadian owns over 900 kg (2,000 lbs) of steel goods (such as cars and appliances).
  • Steel easily recyclable and is the most widely-used (and widely reused) material on earth.
  • Canada is a world leader in steel recycling, with a re-use rate that is in excess of 50 percent (over 7.7 metric tons of steel were recycled in Canada in 2008 alone).
  • Canada’s steel industry is booming.  According to a recent press release by the CSPA, Canada’s steel industry is projected to require between  5,000 and 11,000 skilled tradespersons, and up to 29,000 new workers overall in the coming five years to help deal with the increasing demands for Canadian steel.
  • Steel production in Canada averages 14.9 MT/year, with sales of about $14 billion.
  • Canada exports an average of $7 billion in steel each year with a capital investment of $2 billion (since 2005).

Much steel has been diverted away from landfills and it is actually one of the most recycled materials in the world. For more information about steel recycling, click here and to find out more about how to make steel part of your next recycling project, click here.

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