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This volume examines the influences of technology and international trade policies on the troubled U.S. steel industry. Does leadership in technology guarantee competitive advantage in industrial markets? Or do the costs of production and the lack of investment capital offset technological gains for the domestic steel industry? Which international trade policies can help this industry, and which may be harming it? With these and other questions in view, The Competitive Status of the U.S. Steel Industry estimates global trends in steel trade, discusses patterns of production and consumption, and analyzes the possible effects of alternative governmental policies on this critically important industry.

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Suggested Citation

National Academy of Engineering and National Research Council. 1985. The Competitive Status of the U.S. Steel Industry. Washington, DC: The National Academies Press. https://doi.org/10.17226/396.

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Publication Info

172 pages |  6 x 9 |  Paperback
ISBN: 978-0-309-03398-5
DOI: https://doi.org/10.17226/396
Chapters skim
Front Matter i-xiv
Summary 1-16
Introduction 17-19
1 Industry Background 20-32
2 Technology Assessment of the Domestic Steel Industry 33-45
3 Comparative Domestic and International Production Costs 46-69
4 Trends in the Production of Steel 70-81
5 Markets for Steel Products 82-95
6 Imports in the Domestic Market 96-111
7 Problems of the Domestic Industry 112-119
8 Policy Alternatives and Scenarios 120-137
References 138-142
Appendix A: A Summary of the Economic Recovery Tax Act of 1981 143-145
Appendix B: Estimates of Requirements for Factors of Production and Costs of Some Important Unit Operations in the Steel Production Sequence 146-158

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