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US Steel Economy Problems #82343

ABC Evening News for Tuesday, Dec 27, 1983
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(Studio) Econ. problems for United States Steel and competition from foreign steel mfrs. noted. Company's plans to attempt remedy cited.
REPORTER: Peter Jennings

(Pittsburgh, Pennsylvania) United States Steel plans to completely or partially close some plants and effects on workers detailed. Company chairperson David Roderick's partial blame of situation on union noted. [RODERICK - comments.] Ex. given is co.'s plant at Duquesne, near Pittsburgh, Pennsylvania. [United Steelworkers of American spokesperson Mike BILCSIK - reacts to Roderick's comments.] [Fordham University econ. professor Father William HOGAN - comments on company action.] Steel industry requests for government restrictions on foreign steel imports noted.
REPORTER: Roger Peterson

(Chicago, Illinois) Effect of closing of United States Steel's South Works plant on shores of Lake Michigan in Chicago described. [Frank HEBER - comments.] [Francisco GARCIA - comments.] [US Steel Company social worker Barbara LEAVELLE - comments.] Effect of closing on bars and other business in area reported Green Bay Saint mentioned. Situation of Segull Inn, owned by Walter and Jackie Segal, given as example [Walter SEGAL - comments on potential closing.]
REPORTER: Joe Spencer

(Studio) Cancellation of plans between United States Steel and British Steel with regard to joint venture noted.
REPORTER: Peter Jennings

Reporter(s):
Jennings, Peter;
Peterson, Roger;
Spencer, Joe
Duration:
00:03:50

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