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Following World War II, Pittsburgh launched a clean air and civic revitalization project known as the "Renaissance". The industrial base continued to expand through the 1960s, but after 1970 foreign competition led to the collapse of the steel industry, with massive layoffs and mill closures. Top corporate headquarters moved out in the 1980s.
The Politics of Steel: Western Europe and the Steel Industry in the Crisis Years (1987) excerpt and text search Rhodes, Martin; Wright, Vincent. "The European Steel Unions and the Steel Crisis, 1974–84: A Study in the Demise of Traditional Unionism," British Journal of Political Science, Apr 1988, Vol. 18 Issue 2, pp 171–195 in JSTOR
Pittsburgh Steel mill in Homestead circa 1907. In the early 20th century the economy of Pittsburgh was primarily driven by the steel industry and the city had reached a population 321,616. [28] Throughout this period, Pittsburgh would see a spike in population and a slow decline at the end of the century.
The stunning 2022 collapse of the Fern Hollow Bridge in Pittsburgh injured 10 people and led to a nationwide review of thousands of bridges built using the same type of steel. ... box showed the ...
Nippon Steel has scheduled the deal to close later this year. Once the world’s largest corporation, U.S. Steel was the world’s 27th-largest steelmaker in 2023, according to World Steel Association figures. It reported just under $900 million in net income on $16 billion in sales last year.
The Steel Crisis: The Economics and Politics of a Declining Industry (1986) Seely, Bruce E., ed The Iron and Steel Industry in the 20th Century (1994) (Encyclopedia of American Business History and Biography) Skrabec Jr, Quentin R. The Carnegie Boys: The Lieutenants of Andrew Carnegie that Changed America (McFarland, 2012). Temin, Peter.
(Reuters) -U.S. Steel would close mills and likely move its headquarters out of Pittsburgh if the $14.9 billion buyout by Nippon Steel collapses, the Wall Street Journal reported on Wednesday ...
During this recession for the steel industry the a local steel mill laid off over 35 000 steel workers forcing 20 000 mortgages to default. Unemployment in the Pittsburgh area rose to 14.1 percent before Nicholas P. Papadakos decided to freeze mortgage repayments on owner occupied homes.