It was recently announced that US Steel will be acquired by Tokyo-based Nippon Steel for a measly $14.1 billion , ending the former’s 122 year history as a former US industrial powerhouse. Yet what happened to degrade what was once the number one steel maker in the world upon its formation out of two existing industrial giants in 1901 into a has-been? This is the topic that [Brian Potter] dives into in a recent article.
This is a companion discussion topic for the original entry at https://hackaday.com/2023/12/29/how-us-steel-changed-from-world-leading-to-industry-trailing/