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'Tiffany shows that American decision makers who ignore the past are likely to jeopardize America's future. So persuasive is his account of the historical antagonism between steel management, labor and government that advocates of industrial policy will have to reconsider the premise of cooperation on which it is based.
Making Steel chronicles the rise and fall of American steel by focusing on the fateful decisions made at the world's once largest steel mill at Sparrows Point, Maryland. Mark Reutter examines the business, production, and daily lives of workers as corporate leaders became more interested in their own security and enrichment than in employees, community, or innovative technology. This edition features 26 pages of photos, an author's preface, and a new chapter on the devastating effects of Bethlehem Steel's bankruptcy titled "The Discarded American Worker."
At its formation in 1901, the United States Steel Corporation was the earth's biggest industrial corporation, a wonder of the manufacturing world. Immediately it produced two thirds of America's raw steel and thirty percent of the steel made worldwide. The behemoth company would go on to support the manufacturing superstructure of practically every other industry in America. It would create and sustain the economies of many industrial communities, especially Pittsburgh, employing more than a million people over the course of the century. A hundred years later, the U.S. Steel Group of USX makes scarcely ten percent of the steel in the United States and just over one and a half percent of global output. Far from the biggest, the company is now considered the most efficient steel producer in the world. What happened between then and now, and why, is the subject of Big Steel, the first comprehensive history of the company at the center of America's twentieth-century industrial life.Granted privileged and unprecedented access to the U.S. Steel archives, Kenneth Warren has sifted through a long, complex business history to tell a compelling story. Its preeminent size was supposed to confer many advantages to U.S. Steel—economies of scale, monopolies of talent, etc. Yet in practice, many of those advantages proved illusory. Warren shows how, even in its early years, the company was out-maneuvered by smaller competitors and how, over the century, U.S. Steel's share of the industry, by every measure, steadily declined. Warren's subtle analysis of years of internal decision making reveals that the company's size and clumsy hierarchical structure made it uniquely difficult to direct and manage. He profiles the chairmen who grappled with this "lumbering giant," paying particular attention to those who long ago created its enduring corporate culture—Charles M. Schwab, Elbert H. Gary, and Myron C. Taylor.Warren points to the way U.S. Steel's dominating size exposed it to public scrutiny and government oversight—a cautionary force. He analyzes the ways that labor relations affected company management and strategy. And he demonstrates how U.S. Steel suffered gradually, steadily, from its paradoxical ability to make high profits while failing to keep pace with the best practices. Only after the drastic pruning late in the century—when U.S. Steel reduced its capacity by two-thirds—did the company become a world leader in steel-making efficiency, rather than merely in size. These lessons, drawn from the history of an extraordinary company, will enrich the scholarship of industry and inform the practice of business in the twenty-first century.
Despite being geographically cut off from large trade centers and important natural resources, Pittsburgh transformed itself into the most formidable steel-making center in the world. Beginning in the 1870s, under the engineering genius of magnates such as Andrew Carnegie, steel-makers capitalized on western Pennsylvania’s rich supply of high-quality coal and powerful rivers to create an efficient industry unparalleled throughout history. In City of Steel, Ken Kobus explores the evolution of the steel industry to celebrate the innovation and technology that created and sustained Pittsburgh’s steel boom. Focusing on the Carnegie Steel Company’s success as leader of the region’s steel-makers, Kobus goes inside the science of steel-making to investigate the technological advancements that fueled the industry’s success. City of Steel showcases how through ingenuity and determination Pittsburgh’s steel-makers transformed western Pennsylvania and forever changed the face of American industry and business.
"Portraits in Steel is the authors' effort to help explain and to save something of the heritage of a once-vital company and to portray its wide-ranging impact on the local and national community."--BOOK JACKET.
This book provides a broad investigation of various issues in East Asia’s steel industry since the 1980s, including international specialization and trade relations, the sustainable use of resources, technological innovations, and environmental mitigation, alongside a consideration of the rapid growth in Chinese steel industry. Using macro and firm-level data, and case studies based on field research to discuss issues concerning the steel industry in East Asia. In search of an easy understanding, we try to simplify complicated economic models and statistical analyses, and concentrate on policy implications based as much as possible on the results of empirical analyses. We believe that this book will be of interest to policymakers, economists, practitioners and advocates of sustainability.
From the age of railroads through the building of the first battleships, from the first skyscrapers to the dawning of the age of the automobile, steelmakers proved central to American industry, building, and transportation. In A Nation of Steel Thomas Misa explores the complex interactions between steelmaking and the rise of the industries that have characterized modern America. A Nation of Steel offers a detailed and fascinating look at an industry that has had a profound impact on American life.
The recent worldwide boom in industrial construction and the corresponding billions of dollars spent every year in industrial, oil, gas, and petrochemical and power generation project, has created fierce competition for these projects. Strong management and technical competence will bring your projects in on time and on budget. An in-depth explorat
Steel provides the backbone for modern civilization - read all about its history, journey, and place in the world. What is steel? How does it work? Why has it been so important? Who are the people who make it? How do they make it? Steel: From Mine to Mill, the Metal that Made America answers these questions. Improperly understood until about 150 years ago and available until then only in small quantities, the metal itself is a delicate dance of iron crystals interspersed with carbon and - depending on intended service - other elements such as nickel, chromium, and molybdenum. Once deciphered, steel began to flow from hearths in increasing amounts for the building of railroads, steel ships, skyscrapers, and bridges, in the process raising to world economic dominance Great Britain, Germany, the United States, Japan, and the Soviet Union. The world's current largest producer is China. While researching this book, author Brooke C. Stoddard descended into Mesabi Iron Range open-pit iron mines, rode with 58,000 tons of iron ore on a 1,000-foot ore boat from Duluth to Cleveland, climbed to the top of the hemisphere's largest blast furnace, interviewed men as they toiled next to their furnaces of liquid steel, and walked the immense rolling mills where steel is pressed into finished products. Along the way, he wrote a narrative of iron and steel from pre-history through the Industrial Revolution and into the present age. Steel is the sinew of modern civilization.