this post was submitted on 07 May 2026
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The US still makes steel for example. It fell compared to the 1960s, but is still at about WW2 levels. That is true for a lot of US manufacturing. The industry is still around, but has not grown since years and automation and falling prices makes them less relevant to the overall economy.
That is surprising and very contrary to the narrative I've been hearing. I'd heard that our steel production had dropped to trivial values after the Pittsburgh forges had gone under.
My town's steel mill is overbooked and absolutely cleaning up financially. A casino moved in a few years ago, bought almost all the land around the mill, and wanted to buy them out for space to make the hotel bigger. The mill basically said, "You literally can't pay us enough."
So now we've got a steel mill in the middle of a casino's parking lot.
US iron ore mining, 1890-2014 (Wikipedia)
