Description

Book Synopsis
This book examines the recent performance of the US steel industry and related policy issues, including the Bush Administration Section 201 initiative and measures in Congress addressing other aspects of problems in the steel industry. The question of ''legacy costs'' has emerged as a key issue amid efforts to improve conditions within the US steel industry. Legacy costs are pension and health care benefit provisions of steel worker contracts, especially for retirees, which provide benefits above and beyond related public entitlements and which are funded by earnings of steel companies. This new book describes the issue, with some statistical data included.

Current Issues in the Steel Industry

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    A Paperback / softback by Stephen Cooney

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      Book details

      Publisher Nova Science Publishers Inc
      Published 1 May 2003
      ISBN-13 9781590336205
      978-1590336205
      ISBN-10 1590336208

      Description

      Book Synopsis
      This book examines the recent performance of the US steel industry and related policy issues, including the Bush Administration Section 201 initiative and measures in Congress addressing other aspects of problems in the steel industry. The question of ''legacy costs'' has emerged as a key issue amid efforts to improve conditions within the US steel industry. Legacy costs are pension and health care benefit provisions of steel worker contracts, especially for retirees, which provide benefits above and beyond related public entitlements and which are funded by earnings of steel companies. This new book describes the issue, with some statistical data included.

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