By Finance Pulse in Transformative —

US Steel Production Decline: 1955-1980s

Explore the dramatic decline in US steel production from 40% of global demand in 1955 to just 11% by the 1980s, driven by rising global competition.

A vintage photograph of a bustling steel mill contrasted with a modern, quieter mill setting, symbol
US Steel Production Decline: 1955-1980s

By 1955, the United States supplied about 40% of world demand for steel, but by the mid-1980s, it produced just about 11% due to increased global competition.

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