Foreign Steel: A Growing Cloud 1967. Steel imports hurt domestic production, U.S. Steel 56 years ago

During the 1960s, U.S. Steel (United States Steel Corporation) and other American steel companies were concerned about foreign imports of steel into the United States. The steel industry faced challenges from increased competition with foreign steel producers, particularly from countries with lower production costs. This led to concerns about the impact of imported steel on the domestic industry, including issues related to market share, pricing, and the overall health of the U.S. steel sector.

The influx of foreign steel prompted discussions and debates about trade policies, tariffs, and protectionist measures to safeguard the interests of the American steel industry. This "free loan" film distributed to TV stations and groups was made to alert the general public of the problems foreign steel posed to United States manufacturing and the American worker. America's self sufficiency was being threatened in times of peace, war, and defense. Phenomenal footage of the operation of a steel plant, including shipyards loading pipe, making pipe, flat rolled steel, beams, stainless steel, wire, and open hearth furnaces. Graphs and explanations how Japanese imported steel affected steel production in the United States. It ironic 56 years later that, pending regulatory and shareholder approval, US Steel is set to be acquired by Nippon Steel, Japan's largest steel producing company, for US$14.1 billion. Transferred from a 16mm Eastman color red film print.