Osi, I save you the long read - the US steel industry. 1) US...

  1. 7,794 Posts.
    Osi,
    I save you the long read - the US steel industry.
    1) US domestic steel production vs domestic employment 1960-2006


    Context for Bush steel tariffs - "By the early 2000s, about one-third of the [US steel] industry had fallen into bankruptcy" &

    "profitability of steel firms during this period is not clearly helped by falling import shares and actually is negative on average"



    The closure: "The US steel industry has been the recipient of practically every form of trade protection in the past four decades"...
    source: http://www.nber.org/papers/w13671
 
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