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The American Steel Industry: A Changing Profile

By Stephen Cooney and and Industry Division Science Resources


The U.S. steel industry has faced increasing difficulties since the late 1990s. About 40 U.S. steel producers have gone into bankruptcy. While different companies and parts of the industry have been affected to different degrees, the two types of domestic producers of raw steel, integrated mills and minimills, have both supported restrictions on imports, which they say have undermined the ability of the U.S. industry to produce steel economically. This report reviews industry developments and the economic situation of the steel industry, including legacy cost aspects of its problems

Topics: Business, Iron and steel industry, Iron and steel prices
Publisher: Library of Congress. Congressional Research Service.
Year: 2003
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Provided by: UNT Digital Library
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