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9min chapter
How Big Steel in the U.S. fell
Planet Money
The Rise of Mini Mills in Steel
This chapter explores the decline of the traditional steel industry in the U.S. and the emergence of mini mills as a transformative innovation. It discusses Nucor's ambitious efforts to build a cost-effective mini mill capable of producing sheet steel amid skepticism and industry challenges. The narrative highlights the technological hurdles, labor strategies, and the significant shift in steel production methods that mini mills introduced.
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