Evaluating Financing Models for Small and Medium Manufacturers - American Affairs Journal

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Evaluating Financing Models for Small and Medium Manufacturers - American Affairs Journal

The Weirton Steel mill produced half of the world’s steel in 1950 and nearly 20 percent by 1970. By the later 1970s, imports of steel from foreign nations were flooding U.S. markets and boxing out Weirton’s position. This phenomenon didn’t just impact Weirton but also other domestic manufacturers. Although calls grew nationally from steelworkers and their unions for antidumping, counter­vailing duties, and escape clause petitions, Weirton and th…