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steel industry

Steel-750x500
Economy

Not American, but Chinese Steelmakers Have a Problem

Martin Vlachynsky and INESS/May 9, 2017 /Leave a comment

Chinese steel is a typical strawman for U.S. politicians. Employment in the U.S. steel industry fell dramatically indeed. There were around 780,000 employees in the sector in the late 1960s and the industry was producing 115 million tons of steel. Today, there are less than 100,000 employees.

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