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The American Iron and Steel Institute finds employment in the steel industry peaked in 1953 at 650,000 employees. [2] Employment declined to just 512,000 jobs by 1974, approximately when the steel crisis began, and declined further to just 399,000 jobs in 1980 and further still to 236,000 jobs by 1984.
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).
The Steel Industry in Japan: A Comparison with Britain 1996 online version; Hoerr, John P. And the Wolf Finally Came: The Decline of the American Steel Industry (1988) excerpt and text search; Hogan, Thomas. The Steel Industry of China: Its Present Status and Future Potential (1999)
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Steel production by countries. United States steel production faced a steep decline in the 1970s. As the only major steel maker not harmed during World War II, the United States iron and steel industry reached its maximum world importance during and just after World War II. In 1945, the US produced 67% of the world's pig iron, and 72% of the steel.
U.S. Steel has been a symbol of industrialization since it was founded in 1901 by J.P. Morgan, Andrew Carnegie and others, and the domestic steel industry dominated globally before Japan, then ...
Gary's decline was brought on by reduced employment in the steel industry overall, which caused U.S. Steel to lay off many workers from the Gary area. The U.S. Steel Gary Works employed over 30,000 in 1970, declined to just 6,000 by 1990, and declined to 5,100 in August 2015.
WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden is poised to officially block Nippon Steel's proposed $14.9-billion purchase of U.S. Steel, a person familiar with the matter said on Friday ...