20 Best Paying Jobs in Steel/Iron Ore in 2023

Best Paying Jobs in Steel/Iron Ore

The Steel/Iron Ore Industry is one of the industries that society and even other industries are dependent on because of the products manufactured in the industry.

Just as society requires the products manufactured by the Steel/Iron Ore Industry, so also are many career opportunities available in the Steel/Iron Ore Industry.

People who choose to pursue a career in Steel/Iron Ore can be assured of landing the best paying jobs in Steel/Iron ore with the right qualifications, skills, etc. 

This article seeks to discuss the best paying jobs in Steel/Iron Ore and how to land them. If you’ve been wondering if there are best paying jobs in Steel/Iron ore and whether or not you could get to land them, then this one’s for you.

Read on to find out more.

What is Steel/Iron Ore?

Steel/Iron Ore are metals that are gotten from rocks and used for different purposes ranging from manufacturing to engineering and building.

While Iron Ore is originally gotten from rocks and minerals, Steel is gotten from Iron Ore that has been mined and processed. This is to say that Steel needs Iron ore to exist.

Iron Ore exists in different forms of which Limonite, Siderite, and Magnetite are part. Steel, on the other hand, exists in forms such as Alloy Steel, Stainless Steel, Carbon Steel, and Tool Steel.

Is Steel/Iron Ore a Good Career Path?

Steel/Iron Ore is not just a good career path but also rewarding. Anyone who is fascinated by manufacturing should consider this career.

The Steel/Iron Ore career path currently provides employment opportunities for more than 1 million people across the globe. This Stat only emphasizes how much of Job Opportunities the Steel/Iron Ore career path provides the labor force.

Steel/Iron Ore workers are not just open to the diverse job and career advancement opportunities, but they are also fairly compensated for the work they put in.

Therefore, Steel/Iron Ore is a good career path.

Read this to get more insight: Is Steel/Iron Ore a Good Career Path?

Examples of Steel/Iron Ore Career

The following are examples of Careers in Steel/Iron Ore:

  • Mining Engineering.
  • Geology
  • Structural Engineering
  • Field Engineering.
  • Drilling.

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Pros of a Career in Steel/Iron Ore 

The following are advantages associated with pursuing a career in Steel/Iron Ore:

1. Diverse Job Opportunities

Given the continuous demand for Steel and Iron Ore, the Steel/Iron Ore Industry has different job opportunities open up to anyone who seeks to start a career in Steel/Iron Ore. This is one benefit of starting a career in Steel/Iron Ore.

2. Good working environment

The Steel/Iron ore industry often possesses a good working environment. Workers are provided with protective gear and conducive facilities.

3. Flexible Working Hours

 Most workers in the Steel/Iron Ore get to choose their working hours. Some workers might get to work a shift while some might choose to work on weekends and evenings if they wish.

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Cons of a Career in Steel/Iron Ore 

The following are the disadvantages of pursuing a career in Steel/Iron Ore:

1. Low Salaries and Compensation

As compared to other Industries, salaries earned by Steel/Iron Ore workers are relatively low. This might be a turn-off to prospective Steel/Iron Ore workers.

2. Job Hazards

Steel/Iron ore workers are open to dangers such as injuries and other hazards common to their industry.

3. Huge Workloads

Steel/Iron Ore workers have to work shifts and sometimes, long hours and bulky workloads to meet demands.

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Skills Required to Succeed in a Career in Steel/Iron Ore 

The following are skills needed to succeed in a career in Steel/Iron Ore:

  • Technical Skills
  • Mechanical Skills
  • Communication Skills
  • Marketing Skills
  • Safety Procedure Skills.

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Education and Training Requirement for a Career in Steel/Iron Ore 

The educational and training requirements for a career in Steel/Ore are:

1. High School Education

To get started in a career in Steel/Iron Ore, prospective workers need to have at least High School/GED certifications to show that they are educated and would be able to work efficiently in their given job positions.

2. Bachelor’s Degree

Possessing a Bachelor’s Degree not just makes one ready to succeed in a chosen career path in Steel/Iron Ore, but it also opens one up to best paying jobs in Steel/Iron Ore.

To succeed in a Career in Steel/Iron Ore, one can go ahead to bag a Bachelor’s Degree in specific careers in Steel/Iron Ore such as Mining or Geology.

3. Associate Degrees 

In situations where one does not possess a Bachelor’s degree, one could make do with an Associate Degree in relevant fields in Steel/Iron Ore.

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Salary and Job Outlook for a Career in Steel/Iron Ore 

The Steel/Iron Ore Industry is projected to grow rapidly in coming years given that the products manufactured in the Industry are always in everyday use. Steel/Iron Ore would be in continuous demand just as society continues to witness major developments.

Over the next four years, Steel/Iron Ore is projected to witness a 3.7% increase in CAGR. And depending on the qualifications and skills of workers, they could earn an average annual salary of $65,971 and could also earn as high as $118,000 every year.

The Steel/Iron Ore Industry would become more favorable for workers and open to more growth as time goes by.

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How Much Can You Make from Steel/Iron Ore?

While there is no limit to how much you can make from Steel/Iron Ore, the amount of money you can make from Steel/Iron Ore is dependent on the skills, educational qualifications, and experiences you possess.

The higher your skills and educational qualifications, the higher your possibilities of landing the best paying jobs in Steel/Iron Ore, earning more, and climbing up the career ladder.

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List of Best Paying Jobs in Steel/Iron Ore.

The following are carefully selected best paying jobs in Steel/Iron Ore:

1. Structural Engineering

The major responsibility of a Structural Engineer is to test 3D models and carry out other forms of tests to ensure the integrity of buildings. A Structure Engineer must compulsorily have a Bachelor’s degree in Engineering.

The average annual salary of a Structural Engineer is $89,854.

2. Mining Supervisor

A mining supervisor is charged with the responsibility of overseeing the entire mining and quarrying operations and supervising all mining staff.

The average annual salary of a Mining Supervisor is $83,400.

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3. Maintenance Supervisor

A Maintenance Supervisor sees to the installation, maintenance, and repair of buildings and complexes. They also ensure that all equipment and machinery at a Steel/Ore plant are in good and usable condition.

The average annual salary of Maintenance Supervisors is $82,000

4. Metallurgist

A Metallurgist is majorly concerned with the extraction of minerals from their Ore. They work in the field of extractive metallurgy as well as in Science and Technology. They ensure minerals are extracted from their ores in cost-effective and possibly efficient ways.

The average annual salary of a Metallurgist is $80,000

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5. Plant Supervisor

Plant Supervisors ensure that everything in a Steel/Iron Ore plant is working just as it should. They supervise the day-to-day operations of a Steel/Iron ore factory and coordinate production and the establishment of safety procedures.

The average annual salary of a Plant Supervisor is $74,000.

6. Geologist

Using their knowledge of Geology, Geologists help to study the land before mining begins. They find valuable ores, metals, and oil deposits in the land.

The average annual salary of a Geologist is $67,688.

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7. Structural IronWorker

These professionals build frameworks using various steel products. They also erect prefabricated metal structures and set up cranes.

The average annual salary of a Structural Ironworker is $47,500.

8. Structural Steel Fitter

A Structural Steel Fitter is a metalworker charged with the task of manufacturing construction materials for building projects.

The average annual salary of a Structural Steel Fitter is $47,000.

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9. Mining

A miner has the responsibility of digging, loading, and transporting iron ore. The average annual salary of a Miner is $44,000.

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10. Mining Production Technician

A Mine Production Technician works with his team to provide needed labor for machine operations, operating haul trucks, and other heavy equipment.

The average annual salary of a Mine Production Technician is $41,641.

11. Senior Field Engineer

This is one of the top best paying jobs in Steel/Iron Ore. A Senior Field Engineer oversees all aspects of operations in the field. He oversees the planning stage of operations to the execution and delivery stage.

The average annual salary of a Senior Field Engineer is $99,000.

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12. CDL Driver

A CDL driver drives and moves equipment around a mining ore. A CDL driver must own a Commercial Driver’s License (CDL). The average annual salary of a CDL driver is $58,000.

13. Rig Hand

A Rig Hand maintains the drilling rig and equipment on the rig. This job position majorly revolves around general maintenance.

The average annual salary for this job position is $45,000.

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14. Wireline Operator

A Wireline Operator assists the crew leader with troubleshooting activities. He prepares wireline tool strings and ensures wireline tools are properly maintained.

The average annual salary of a Wireline Operator is $39,000. 

15. Corrosion Engineer

A Corrosion Engineer helps quell the effects of corrosion and ensures that Steel/Iron Ore products are durable. He monitors and controls corrosive effects in the Steel/Iron Ore industry. 

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16. Oil Field Frac Operator

An Oil Field Frac Operator repairs and performs operation procedures on equipment used for oil field Operations. 

The average annual salary of an Oil Field Frac Operator is $37,050.

17. Welder

Using various welding techniques, a Welder joins Steel/Ore together to create a strong weld. The average annual salary of a Welder is $37,000.

18. Structural Installers

A Structural Installer produces building materials for construction projects. A Structural Installer plans and assembles components that make up a building structure.

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19. Materials Engineer 

A Materials Engineer develops, processes, and tests materials used for creating Steel/Iron products. They work with metals and composites to create products that meet the various needs of people.

The average annual salary of a Materials Engineer is $75,000.

20. Diamond Driller Helper

This job position requires the helper to assist the driller in moving and setting a drill as well as handling equipment and cleaning up.

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Companies in Steel/Iron Ore in The World.

Some companies in the Steel/iron Ore industry are:

  • Commercial Metals Company
  • Steel Dynamics 
  • AK Steels
  • Baosteel Group
  • Arcelor
  • Nippon Steel
  • Shagang Group
  • U.S. Steel
  • Nucor
  • Carpenter Technology 

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How to Get Started in a Career in Steel/Iron Ore 

The first step to getting started in a career in Steel/Iron Ore and successfully landing the best paying job in Steel/Iron Ore is to get the necessary skills and educational qualifications.

To go about this, one has to first get a Degree in relevant fields in Steel/Iron ore such as Engineering, Mining, or Geology.

After acquiring a degree, the next thing to do is to do personal research about companies hiring Steel/Iron Ore workers and applying to one. 

Given that one possesses the necessary skills and qualifications, one can always be assured of landing the best paying jobs in Steel/Iron Ore.

FAQs on Best Paying Jobs in Steel/Iron Ore

What Do People Working in the Steel/Iron Ore Industry do?

Majorly, people working in the Steel/Iron Ore Industry extract and Iron Ore and process them to create Steel/Iron Products.

What are the Processes of Mining Steel/Iron Ore?

1. Extraction of Iron and Minerals from the Ground.
2. Processing of Iron Ore in blast furnaces.
3. Removal of Impurities.
4. Injection of Carbon into the processed Steel/Iron Ore.
5. Fabrication and Finishing process.

Conclusion

Given the steady and continuous demand for Steel/Iron Ore, there are always available job opportunities for prospective workers.

Therefore, landing the best paying jobs in Steel/Iron Ore would not be so difficult given that one has the needed skills, training, and education qualifications needed (as discussed in this article).

This article has successfully shown the best paying jobs in Steel/Iron Ore and how to land them. Anyone with an interest in Steel/Iron Ore career path can go ahead and get a lucrative job in the Industry.

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