Because it is one of the most essential components in the creation of steel, iron is essential to the world economy. The steel industry in the US is very important to the economy because so many things are made of steel or are made using steel technologies.
Iron is in such high demand and has such a high value because steel is the most significant commodity for building the foundation of the global economy. Iron ore, a naturally occurring mixture of oxygen, iron, and other minerals, is the raw material used to make steel.
Mining and processing of basic resources yield steel. According to our research, 1.6 tonnes of iron ore are needed to produce one tonne of steel. The demand for workers in the steel, iron ore and metal industries is significant.
What is steel/iron ore?
Mined from the ground, iron ore is treated in blast furnaces to get rid of impurities, and then carbon is added. About 98 percent of iron ore is converted into pig iron, which is then used to make steel when it is ultimately utilized in building, transportation, and home appliances.
In this industry, furnaces are used to melt iron ore, scrap metal, and other additives to create steel. After the molten metal is shaped into half-built structures, it is cast, pulled, rolled, and extruded into sheets, rods, bars, tubing, beams, and wire. Other companies in the steel industry use steel that has already been gotten to make the final products. The most affordable method of making steel starts with scrap metal.
Is a job in steel or iron ore worthwhile?
Yes, the steel/iron ore industry is a good career choice. There are approximately 146,000 employees in the steel/iron ore business in the United States alone. Although occupations in the steel and iron ore industries are quite difficult and skill-intensive, there are many different types of workplaces to choose from.
If you think about the best buildings of the 1800s, like the Eiffel Tower, the Capitol, and the Statue of Liberty, you might be interested in iron. Steel scrap and other chemicals are put into an electric arc furnace. The electrode elements and chemical reactions create a lot of heat, which melts the scrap and turns it into molten steel.
10 Highest paying jobs in steel/iron ore industry
Engineers in the steel and iron ore industries create, develop, enhance, function, and maintain complex devices using both modern technologies and well-established scientific principles. According to the United States Bureau of Labor Statistics (BLS), the median yearly salary for engineers is $100,640.
2. Production Manager
A manufacturing schedule is planned and created by the production manager. manages an iron ore company’s daily administrative activities.
determines and orders the necessary resources, then checks to make sure supply levels are still adequate. The production manager receives a $57,219 yearly pay and leaves for home.
Metal extraction procedures are planned, developed, and tested by metallurgists, who also extract and process different metals and alloys.
They collaborate closely with geologists and engineers. A yearly salary of $63,000.
They do their jobs in underground mines to harvest minerals such as clay, coal, ore, and chalk as well as iron ore. They earn $57,000 a year in pay.
5. Miner Foreman
oversees a team of miners in his capacity as an overseer. They oversee all of the ongoing activity in general. To prevent damage, you’ll be in charge of cleaning, insulating, labeling, and packaging products. A miner foreman makes between $59,000 and $62,000 per year.
6. Iron Worker
They follow the engineers’ drawings to fix the necessary metal support framework. They earn $56,080 yearly. An iron technician has one of the jobs with the highest salaries in the steel/iron ore industry. As a team leader, you must be able to read and write properly and create a productive workplace.
7. Cost Estimator
In charge of assisting the business in determining the full cost of a project. $54,000 salary payment yearly
8. Steel Worker
When steel constructions malfunction, they build, set up, and repair them. Yearly payment of $56,000.
They receive a yearly pay of $50,390 and load and unload iron ore ships from ports.
10. The plumber
Being a plumber is another viable profession in the steel/iron ore business. You need to be able to install and fix a range of things, including fixture traps, stormwater piping, and water supply pipelines. To determine the type of pipe to use, plan setups by looking at blueprints and work sketches as a plumber.
Where Can You Find Iron Ore?
Iron ore resources can be found in nations like the United States of America, Brazil, Australia, and Canada. Canada produces the most iron ore of all of these.
What four varieties of iron ore are there?
Deposits of pisolitic ironstone, titanomagnetite, massive hematite, and magnetite.
What is gold ore?
In spite of being found alone or alloyed with mercury or silver, gold can also be found in the ores calaverite, sylvanite, nagyagite, petzite, and krennerite. At the moment, open-pit or deep-sea miners supply the majority of the world’s gold ore.
The steel and iron ore industries offer a wide range of job options. The most typical positions are in management, engineering, and production. Sales, marketing, and financial specialists can also find work, though. You can work in this field and find a position that matches your interests and abilities if you have the necessary training and experience.