The data from 2023 indicates the United States leads with 195,000 workers in the iron and steel sector, followed by Germany and Italy at 167,000 and 83,800 respectively. South Korea and France employ 73,900 and 47,000 individuals. Sweden, Slovakia, and the Netherlands have a smaller workforce, under 20,000 each, with Slovenia and Greece employing the least.
From 2023, there is a decline in employment figures across several countries, notably Greece at -5.63%, France at -1.23%, and Slovakia at -1.32%. However, South Korea shows a positive trend with a 0.52% increase, and the Netherlands maintains stability.
Future trends to watch include the automation of steel production potentially leading to further declines in employment. Additionally, increased focus on sustainability and a transition towards green steel may influence employment dynamics, presenting new opportunities within the industry.
Top countries in Number of Employees in Iron and Steel by Country
| # | 10 Countries | Thousand Units (Persons) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 195 | 2023 | -1.52% | -0.9% | View data |
| 2 | 2 Germany | 167 | 2023 | -0.6% | -0.24% | View data |
| 3 | 3 Italy | 83.8 | 2023 | -0.71% | -0.82% | View data |
| 4 | 4 South Korea | 73.9 | 2023 | +0.41% | +0.52% | View data |
| 5 | 5 France | 47 | 2023 | 0% | -1.23% | View data |
| 6 | 6 Sweden | 19 | 2023 | 0% | -1.02% | View data |
| 7 | 7 Slovakia | 17.43 | 2023 | -1.13% | -1.32% | View data |
| 8 | 8 Netherlands | 16 | 2023 | 0% | 0% | View data |
| 9 | 9 Slovenia | 4.96 | 2023 | 0% | -0.32% | View data |
| 10 | 10 Greece | 2.93 | 2023 | -5.81% | -5.63% | View data |