Examines the decline since the 1960s, compared to and caused by the rise of the Japanese steel industry, discussing dumping, financing, production, the government's role and profits.
Written in 1992; 3,150 words; 7 sources; $ 111.95
From the Paper:
"Following a worldwide trend, the United States steel industry capacity and output has been in a generalized decline since 1973, when a post-W.W.II record of more than 150 million net tons of raw steel was produced (Hogan, 1987, p. 8). Following World War II, steel production in the United States accounted for some 57% of the total world output in 1947 (Hogan, 1987, p. 1), due in large part to the increased wartime production, and the fact that the industry had not suffered any ill-effects from W.W. II (as did those of the U.K., Germany, the U.S.S.R., and Japan).
By 1950, however, it could be reported that the United States' share in the production of raw steel had declined slightly to 46.4% of total world volume, and had seriously deteriorated to only 23% by 1968. In that time, the most notable ..."
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