>>13491285
Pretty interesting history. US steel and the industry had a lot going against it after ww2.
Mid century
U.S. Steel ranked 16th among United States corporations in the value of World War II production contracts.[14] Production peaked at more than 35 million tons in 1953. Its employment was greatest in 1943, when it had more than 340,000 employees.[6]
The federal government intervened to try to control U.S. Steel. President Harry S. Truman attempted to take over its steel mills in 1952 to resolve a crisis with its union, the United Steelworkers of America. The Supreme Court blocked the takeover by ruling that the president did not have the Constitutional authority to seize the mills.[15] President John F. Kennedy was more successful in 1962 when he pressured the steel industry into reversing price increases that Kennedy considered dangerously inflationary.[16]
U.S. Steel strongly resisted Kennedy administration efforts to enlist Alabama businesses to support desegregation of the University of Alabama, which race-baiting Gov. George Wallace had promised to block by standing in the schoolhouse door. Although the firm employed more than 30,000 workers in Birmingham, Ala., company president Roger M. Blough in 1963 "went out of his way to announce that any attempt to use his company position in Birmingham to pressure local whites was 'repugnant to me personally' and 'repugnant to my fellow officers at U.S. Steel.'" [17]
In the postwar years, the steel industry and heavy manufacturing went through restructuring that caused a decline in US Steel's need for labor, production, and portfolio. Many jobs moved offshore. By 2000, the company employed 52,500 people.[6]
https://en.m.wikipedia.org/wiki/History_of_the_steel_industry_(1850%E2%80%931970)