Page 2 - Foreign Competition News Today

/PRNewswire/ -- Changing lifestyle with increasing number of dual working parents and kids spending majority of time with house-helps has led to increasing...

© Getty Images For most of the last century, America was the king of steel. In 1900, the United States was the leading steel producer of the world. By the middle of the 20 th century, the United States was producing roughly half of the world’s supply. At the time, the U.S. steel industry employed up to 650,000 workers, with pay significantly above the national average wage. The U.S. dominance of the global steel industry contributed to the allied victory in two world wars. Steel was the symb...