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That's not protection.
Here's what you need:
https://n-fab.com/rb-prerunner-rear-bumper/2018/ford/f-150
I've got one on my GEN1 and am very, very happy with it.
^^^What @dewalt said. That step is almost certainly cast, and it'll shatter like glass upon heavy impact. And it's only 6 or 7 inches wide, providing absolutely no protection to the vast majority of the rear of the truck. If that thing provides any protection at all, it will do nothing in the event of an off-center impact.
I doubt it's forged for under $60... I will look into the clevis.Miamibert That is probably cast. I have seen them break. It was a smittybilt that I saw broke. You would be better to get a clevis off a hummer that straddles the 2.5 inch tow hitch tube and use a grade 5 to secure the tow hitch