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Books > Business & Economics > Industry & industrial studies > Construction & heavy industry > Iron, steel & metals industries
Mineral-rich-post-independent African countries rely on their extractive industries for economic growth and development. The extraction of these resources generates more curses than blessings--raising questions as to whether the sector provides an appropriate vehicle for economic growth. To balance this gap, regional policy makers and international counterparts have engaged in large-scale reforms of the mining sector. This has led to the establishment of spaces of exclusion and further marginalization as new actors introduced into the sector interact one with the other to pursue and protect their interests.
In the late 19th century, rails from Bethlehem Steel helped build the United States into the world's foremost economy. During the 1890s, Bethlehem became America's leading supplier of heavy armaments, and by 1914, it had pioneered new methods of structural steel manufacture that transformed urban skylines. Demand for its war materials during World War I provided the finance for Bethlehem to become the world's second-largest steel maker. As late as 1974, the company achieved record earnings of $342 million. But in the 1980s and 1990s, through wildly fluctuating times, losses outweighed gains, and Bethlehem struggled to downsize and reinvest in newer technologies. By 2001, in financial collapse, it reluctantly filed for Chapter 11 bankruptcy protection. Two years later, International Steel Group acquired the company for $1.5 billion. In Bethlehem Steel, Kenneth Warren presents an original and compelling history of a leading American company, examining the numerous factors contributing to the growth of this titan and those that eventually felled it-along with many of its competitors in the U.S. steel industry. Warren considers the investment failures, indecision and slowness to abandon or restructure outdated \u201cintegrated\u201d plants plaguing what had become an insular, inward-looking management group. Meanwhile competition increased from more economical \u201cmini mills\u201d at home and from new, technologically superior plants overseas, which drove world prices down, causing huge flows of imported steel into the United States. Bethlehem Steel provides a fascinating case study in the transformation of a major industry from one of American dominance to one where America struggled to survive.
Steel prices remain at historically elevated levels. The rapid growth of steel production and demand in China is widely considered as a major cause of the increases in both steel prices and the prices of steel-making inputs. Steel companies have achieved much greater pricing power, in part through an ongoing consolidation of the industry. Most of the integrated side of the industry, nearly half of U.S. production, is controlled by just two companies: U.S. Steel, the traditional industry leader, and Mittal Steel, itself the result of multiple international mergers. Moreover, Mittal in 2006 merged with the global number-two producer, Arcelor. Nucor and Gerdau have been active major consolidators of U.S. minimill production. U.S. steel production in 2005 was 104.6 million tons, a 5% decline from the high level of 2004. The net decline in output was mainly on the integrated side of the industry, which has continuously lost share. Imports also fell from the high level of 2004, although they rebounded by nearly 50% in early 2006. Input prices, especially ferrous scrap and iron ore, remain high and have contributed to higher production costs, which have been largely passed along to industrial consumers. The growth of China contributed to a large increase in demand for both steel and steel-making inputs. China has become both the world's largest steel-maker and steel consumer. This new book presents the latest analyses on this critical industry.
Tracing the history of Tata Steel, this book brings to life an account of the courage, vision and commitment of the men who created India's first modern industrial venture which was the fountainhead of its industrial growth
Stacks of stone preside over many bucolic and wooded landscapes in the mid-Atlantic states. Initially constructed more than two hundred years ago, they housed blast furnaces that converted rock and wood into the iron that enabled the United States to secure its national independence. By the eve of the Revolutionary War, furnaces and forges in the American colonies turned out one-seventh of the world's iron.Forging America illuminates the fate of labor in an era when industry, manhood, and independence began to take on new and highly charged meanings. John Bezis-Selfa argues that the iron industry, with its early concentrations of capital and labor, reveals the close links between industrial and political revolution. Through means ranging from religious exhortation to force, ironmasters encouraged or compelled workers free, indentured, and enslaved to adopt new work styles and standards of personal industry. Eighteenth-century revolutionary rhetoric hastened the demise of indentured servitude, however, and national independence reinforced the legal status of slavery and increasingly defined manual labor as "dependent" and racially coded. Bezis-Selfa highlights the importance of slave labor to early American industrial development. Research in documents from the seventeenth, eighteenth, and early nineteenth centuries led Bezis-Selfa to accounts of the labor of African-Americans, indentured servants, new immigrants, and others. Their stories inform his highly readable narrative of more than two hundred years of American history."
Once the symbol of a robust steel industry and blue-collar economy, Youngstown, Ohio, and its famous Jeannette Blast Furnace have become key icons in the tragic tale of American deindustrialization. Sherry Lee Linkon and John Russo examine the inevitable tension between those discordant visions, which continue to exert great power over Steeltown's citizens as they struggle to redefine their lives. When "the Jenny" was shut down in 1978, 50,000 Youngstown workers lost their jobs, cutting the heart out of the local economy. Even as the community organized a nationally recognized effort to save the mills, the city was rocked by economic devastation, runaway crime, and mob scandal, problems that persist twenty-five years later. In the midst of these struggles the Jenny remained standing as a proud symbol of the community's glory days, still a dominant force in the construction of both individual and collective identities in Youngstown. Focusing on stories and images that both reflect and perpetuate how Youngstown understands itself as a community, Sherry Lee Linkon and John Russo have forged a historical and cultural study of the relationship between community, memory, work, and conflict. Drawing on written texts, visual images, sculptures, films, songs, and interviews with people who have lived and worked in Youngstown, the authors show the importance of memory in forming the collective identity of a place. "Steeltown, U.S.A." is a richly developed portrait of a place, showing how images of the Jenny and of Youngstown have been used in national media and connecting these representations to the broader public conversation about work and place: Bruce Springsteen's song "Youngstown," the book Journey to Nowhere, and other pop culture artifacts have helped make Youngstown the symbolic epicenter of American deindustrialization. And while many people see the need to get over the past and on with the future, in rushing to erase the difficult parts of Youngstown's history they might also forget the powerful events that made the city so important, such as the struggles for economic and social justice that improved the lives of steelworkers. This multifaceted study of the meaning of work and place in one community pointedly depicts the relationships among economic development, media representations, and community life. As we see how people's faith in the value of their work dwindled away in Youngstown, their stories can help us understand not only how the meaning of work has changed but also why the changing meaning of work matters.
This book examines the industrial ecology of 200 years of ironmaking with renewable resources in the Salisbury district of northwestern Connecticut.
Best remembered today for his fierce opposition to labor, especially during the Homestead Strike of 1892, Henry Clay Frick was also one of the most powerful and innovative industrialists of the nineteenth century. Kenneth Warren is the first historian to be given unrestricted access to the extensive Frick archives in Pittsburgh. Drawing on Frick's personal and business papers, as well as the records of the H. C. Frick Coal & Coke Company, the Carnegie Steel Company, and the U.S. Steel Corporation, Warren provides a wealth of new insights into Frick's relationship with such contemporaries as Carnegie, J. P. Morgan, Charles Schwab, and Elbert Gary. He describes and analyzes the key decisions that formed labor and industrial policy in the iron and steel industry during a period of growth that remains unparalleled in American business history. Not only an industrial biography of a driving force in American industry and the organization of American business, Triumphant Capitalism makes a major contribution to our understanding of the history of the basic industries, the shaping of society, locality, and region - and thereby of laying the foundations for the value systems and landscapes of present-day America.
Having come of age during a period of vibrant union-centered activism, Jack Metzgar begins this book wondering how his father, a U.S> Steel shop steward in the 1950s and '60s, and so many contemporary historians could forget what this country owes to the union movement. Combining personal memoir and historical narrative, Striking Steel argues for reassessment of unionism in American life during the second half of the twentieth century and a recasting of \u0022official memory.\u0022 As he traces the history of union steelworkers after World War II, Metzgar draws on his father's powerful stories about the publishing work in the mills, stories in which time is divided between \u0022before the union\u0022 and since. His father, Johnny Metzgar, fought ardently for workplace rules as a means of giving \u0022the men\u0022 some control over their working conditions and protection from venal foremen. He pursued grievances until he eroded management's authority, and he badgered foremen until he established shop-floor practices that would become part of the next negotiated contract. As a passionate advocate of solidarity, he urged coworkers to stick together so that the rules were upheld and everyone could earn a decent wage. Striking Steel's pivotal event is the four-month nationwide steel strike of 1959, a landmark union victory that has been all but erased from public memory. With remarkable tenacity, union members held out for the shop-floor rules that gave them dignity in the workplace and raised their standard of living. Their victory underscored the value of sticking together and reinforced their sense that they were contributing to a general improvement in American working and living conditions. The Metzgar family's story vividly illustrates the larger narrative of how unionism lifted the fortunes and prospects of working-class families. It also offers an account of how the broad social changes of the period helped to shift the balance of power in a conflict-ridden, patriarchal household. Even if the optimism of his generation faded in the upheavals of the 1960s, Johnny Metzgar's commitment to his union and the strike itself stands as an honorable example of what a collective action can and did achieve. Jack Metzgar's Striking Steel is a stirring call to remember and renew the struggle.
Awarded the Dexter Prize for Best Book in the History of Technology "This truly outstanding book will become required reading in the history of technology. The story of steel is important in its own right, and Thomas Misa writes with remarkable clarity and succinctness... The emphasis upon user-producer interactions allows Misa to focus on the social significance of technologies and to bring out nuances and contingencies in the development of critical technologies and industries." -- Edwin T. Layton, Technology and Culture From the age of railroads through the building of the first battleships, from the first skyscrapers to the dawning of the age of the automobile, steelmakers proved central to American industry, building, and transportation. In A Nation of Steel Thomas Misa explores the complex interactions between steelmaking and the rise of the industries that have characterized modern America. A Nation of Steel offers a detailed and fascinating look at an industry that has had a profound impact on American life. "Each of Misa's six case studies is fruitful, and together they capture the enormously diverse and complex influences on technological change. Taken as a whole, this study constitutes a massive and successful assault on the neo-classical paradigm... This book will profoundly shape the way scholars understand how technologies 'are not only socially constructed but society-shaping.'" -- David Bensman, American Historical Review "A brief review can not do justice to the subtlety with which Misa links steelmaking to a larger socioeconomic environment... Based on new information from archival and other primary sources, this well-written, richly textured work greatlyexpands our knowledge of American industrialization." -- W. David Lewis, Journal of American History "In what will surely become a standard history of steelmaking, Misa integrates that industry's development with the industrial growth of America in the half-century following the Civil War. Involved in the interplay between steel production and the production of America were such developments as the railroads' demand for steel rails following the Civil War, the role of urbanization and especially tall-building construction, the armor plate requirements of the Navy, and the emergence and growth of the automotive industry." -- Science, Technology & Society "A splendid overview of an industry whose fortunes were inextricably intertwined with the railroads... The protions that treat the dynamic interrelations of the steel industry and the railroads clearly stand as the most sophisticated treatment of this complex topic that has yet appeared in print... An immensely rewarding book." -- Robert C. Post, Railroad History
In 1986, with little warning, the USX Homestead Works closed.
Thousands of workers who depended on steel to survive were left
without work. "A Town Without Steel" looks at the people of
Homestead as they reinvent their views of household and work and
place in this world. The book details the modifications and
revisions of domestic strategies in a public crisis. In some ways
unique, and in some ways typical of American industrial towns, the
plight of Homestead sheds light on social, cultural, and political
developments of the late twentieth century.
The history of modern liberalism has been hotly debated in contemporary politics and the academy. Here, Judith Stein uses the steel industry--long considered fundamental to the U.S. economy--to examine liberal policies and priorities after World War II. In a provocative revision of postwar American history, she argues that it was the primacy of foreign commitments and the outdated economic policies of the state, more than the nation's racial conflicts, that transformed American liberalism from the powerful progressivism of the New Deal to the feeble policies of the 1990s. Stein skillfully integrates a number of narratives usually treated in isolation--labor, civil rights, politics, business, and foreign policy--while underscoring the state's focus on the steel industry and its workers. By showing how those who intervened in the industry treated such economic issues as free trade and the globalization of steel production in isolation from the social issues of the day--most notably civil rights and the implementation of affirmative action--Stein advances a larger argument about postwar liberalism. Liberal attempts to address social inequalities without reference to the fundamental and changing workings of the economy, she says, have led to the foundering of the New Deal state. |Using the steel industry to examine liberal policies and priorities after World War II, Stein shows that economic policy--not racial conflict--led to the feeble liberalism of the 1990s.
Drawing upon case studies of firms in the steel industry, authors show that companies competing internationally can pool their strengths to offset their individual weaknesses, enabling them to build economically successful entities more easily than if each company tried to go it alone in competition with rivals. In doing so they show how the world steel industry emerged into a group of international joint ventures and how in each of these transnational marriages the whole became greater than the sum of its parts. Among the authors' main points are: cultural conflicts are minimized by economic success but magnified by failure; expertise and commitment can overcome national differences, and even failing international joint ventures can be rehabilitated. Important reading for professionals in all areas of international business and for their colleagues in the academic community. Included in each case study is a history of the firms and the emerging joint venture. Authors described the condition of facilities, the rehabilitation and construction of new facilities, the financial relationships between firms and the sources of funding, and their corporate structures. Cultural differences between firms and their impact on the success of the relationship are examined closely, with particular emphasis on personnel selection, training supervision, labor relations, retention and promotion policies and policies on tenure and layoff. Authors look at labor productivity and the use of participative management and other team approaches, relating them to such measurable variables as product quality, corporate profitability, and indeed the ultimate survival of each newly created firm. From there the authors show how the experiences of the steel industry and the lessons learned from its transnational alliances can be applied to other industries and to their own joint ventures.
The knowledge and use of metals has played an important role in the evolution of many African cultures. This bibliography brings together, in one volume, publications on the origins, spread, mining, smelting, smithing, use, functions, aesthetics, significance, and impact of various metals and their alloys on African cultures. Covering African metallurgy from the African Iron Age to the present, this guide is a useful reference tool for archaeology, anthropology, ethnology, history, art, and religion. Arranged geographically by country, the volume is fully annotated and includes both printed and electronic sources.
This study of a specific industry's survival and growth in three countries is a useful resource for research on industrial development in 19th century Europe. Presenting the history of three major cutlery districts in Western Europe during the 19th century - Sheffield in England, Bergische land (Solingen and Remscheid) in Germany, and Eskilstuna in Sweden - the author focuses on each region's industrial development in relation to its socio-cultural context. This work challenges the flexible specialisation thesis often used to explain the seeming persistence of small-scale and decentralised production within the cutlery industry since the 19th century, and argues that growing businesses had to develop competitive strategies for control over important resources.
"For years I have been convinced that there is not an honest bone
in your body. Now I know that you are a god-damned thief," Henry
Clay Frick reportedly told Andrew Carnegie at their last meeting in
1900, just before J. P. Morgan bought the Carnegie Steel Company
and founded United States Steel.
Business genius and hedonist, Charles Schwab entered the steel industry as an unskilled laborer and within twenty years advanced to the presidency of Carnegie Steel. He later became the first president of U.S. Steel and then founder of Bethlehem Steel. His was one of the most spectacular and curious success stories in an era of great industrial giants. How did Schwab progress from day laborer to titan of industry? Why did Andrew Carnegie and J.P. Morgan select him to manage their multmillion-dollar enterprises? And how did he forfeit their confidence and lose the preseidency of U.S. Steel? Drawing upon previously undiscovered sources, Robert Hessen answers these questions in the first biography of Schwab.
This classic account of the worker in the steel industry during the early years of the twentieth century combines the social investigator's mastery of facts with the vivid personal touch of the journalist. From its pages emerges a finely etched picture of how men lived and worked in steel. In 1907-1908, when John Fitch spent more than a year in Pittsburgh interviewing workers, steel was the master industry of the region. It employed almost 80,000 workers and virtually controlled social and civic life. Fitch observed steel workers on the job, and he describes succinctly the prevailing technology of iron and steelmaking: the blast furnace crews, the puddlers and rollers; the crucible, Bessemer, and open hearth processes. He examined the health problems and accidents which resulted from the pressure of long hours, hazardous machinery, and speed-ups in production. He also anaylzed the early experiments in welfare capitolism, such as accident prevention and compensation, and pensions. One of the six volumes in the famous Pittsburgh Survey (1909-1914), The Steel Workers remains a readable and timeless account of labor conditions in the early years of the steel industry. An introduction by the noted historian Roy Lubove places the book in political and historical context and makes it especially suitable for classroom use.
A consultant with McKinsey & Company surveys the international aluminum industry and asks why its various activities are divided among firms in the way that they are. These components include the minding of bauxite, its refining into alumina, aluminum smelting, fabrication, and manufacture of the final product. What is it about this industry that encourages joint ventures in some cases, long-term contracts in others, and vertical integration and merger in still others? The author identifies and analyzes the factors which motivate firms to adopt one or another of these patterns of doing business. He draws on and extends recent developments in theory relating to the operation of markets and organizations, and tests the power of theories to explain what is observed in the industry. He has assembled a great deal of empirical evidence, focusing on the United States, Japan, and Australia. The book should become the standard study of the aluminum industry.
Cowboy spurs are a pure form of American folk art. Like the cowboy
himself, the way spurs developed was molded by their use and the
environment of the range, along with a generous dose of
individualism and pride. "Cowboy Spurs and Their Makers" tells for
the first time the fascinating story of this western art and the
artisans who professional historians, and westerners and valuable
reference for identifying spurs used by riders of Texas and the
Southwest.
When the world's two largest steel producers went head to head in a bitter struggle for market domination, an epic corporate battle ensued that sent shockwaves through the political corridors of Europe, overheated the world's financial markets and transformed the steel industry. Billions of dollars were at stake. At the heart of the battle were two men: Guy Dolle, Chairman and CEO of Luxembourg-based Arcelor, the world's largest steel producer by turnover and Lakshmi Mittal, a self-made Indian industrialist and the richest man in Great Britain. Only one could prevail . . .
Energy management training and solutions are not one size fits all. While some general methods apply, the metals industry has its own unique processes and environments for which a more tailored approach is necessary. Aimed at managers, engineers, and supervisors working in the metals industry, Energy Management for the Metals Industry offers specifics that can help readers in the metals field achieve energy savings for their companies. The book explains general energy management methods and offers approaches germane to the metals industry. It discusses the benefits and reasons for implementing an energy management program and the requirements necessary to begin one. The book covers defining and measuring performance, setting baselines, and benchmarking a plant and its processes. It also discusses analyzing data, identifying projects, improving processes, setting goals, and creating an action plan, while controlling and evaluating progress. Real-world examples highlight concepts and illustrate potential pitfalls.
The response from the jewelry industry to a campaign for ethically sourced gold as a case study in the power of business in global environmental politics. Gold mining can be a dirty business. It creates immense amounts of toxic materials that are difficult to dispose of. Mines are often developed without community consent, and working conditions for miners can be poor. Income from gold has funded wars. And consumers buy wedding rings and gold chains not knowing about any of this. In Dirty Gold, Michael Bloomfield shows what happened when Earthworks, a small Washington-based NGO, launched a campaign for ethically sourced gold in the consumer jewelry market, targeting Tiffany and other major firms. The unfolding of the campaign and its effect on the jewelry industry offer a lesson in the growing influence of business in global environmental politics. Earthworks planned a "shame" campaign, aimed at the companies' brands and reputations, betting that firms like Tiffany would not want to be associated with pollution, violence, and exploitation. As it happened, Tiffany contacted Earthworks before they could launch the campaign; the company was already looking for partners in finding ethically sourced gold. Bloomfield examines the responses of three companies to "No Dirty Gold" activism: Tiffany, Wal-Mart, and Brilliant Earth, a small company selling ethical jewelry. He finds they offer a case study in how firms respond to activist pressure and what happens when businesses participate in such private governance schemes as the "Golden Rules" and the "Conflict-Free Gold Standard." Taking a firm-level view, Bloomfield examines the different opportunities for and constraints on corporate political mobilization within the industry. |
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