[Excerpt] American steel corporations are currently in the process of cutting as much as 20 to 25 per cent of their productive capacity, much of it in the Pittsburgh area. With U.S. Steel's recent move to buy steel slabs from overseas steel companies, the snowball effect on other companies could eliminate more than 50 per cent of the hot-metal producing end of steelmaking in America.
"Eminent Domain & Bank Boycotts: The Tri-State Strategy in Pittsburgh,"
Labor Research Review: Vol. 1
, Article 9.
Available at: http://digitalcommons.ilr.cornell.edu/lrr/vol1/iss3/9