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And the Wolf Finally Came: The Decline of the American Steel Industry (1988) excerpt and text search; Hogan, William T. Economic History of the Iron and Steel Industry in the United States (5 vol 1971) monumental detail; Ingham, John N. The Iron Barons: A Social Analysis of an American Urban Elite, 1874-1965 (1978) Krass, Peter. Carnegie (2002).
Graph of US iron and steel production, 1900–2014, data from USGS. The US iron and steel industry has paralleled the industry in other countries in technological developments. In the 1800s, the US switched from charcoal to coke in ore smelting, adopted the Bessemer process, and saw the rise of very large integrated steel mills.
By the mid-1980s, the U.S. steel industry produced just about 11% of steel used globally as economic growth in developed countries slowed. By then, the United States was importing more than 25% of ...
A dramatic improvement in the prospects for United States Steel (NYSE: X) being sold to a foreign buyer led to a rally in the stock on the last trading day of the year. The news item that got the ...
US Steel’s possible end underscores the shift in the nation’s economy away from manufacturing, a change that continues to have deep economic and political implications today. Put simply, US ...
Global steel production grew enormously in the 20th century from a mere 28 million tonnes at the beginning of the century to 781 million tons at the end. [4] Per-capita steel consumption in the US peaked in 1977, then fell by half before staging a modest recovery to levels well below the peak.
The United States Steel Corporation is an American steel company based in Pittsburgh, Pennsylvania, with production facilities in the U.S. and Central Europe.. The company produces and sells steel products, including flat-rolled and tubular products for customers in industries across automotive, construction, consumer, electrical, industrial equipment, distribution, and energy.
The $14.9 billion sale of iconic steelmaker US Steel to Japan’s Nippon Steel ends months of speculation over industry consolidation in a move criticized by union workers, but seen by one analyst ...