The strike at USX hasn’t caused a steel shortage.
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Steel remains plentiful despite a work stoppage at USX Corp., the nation’s largest steel producer, industry analysts said. The difference is a sign of steel’s diminished importance in manufacturing and the abundance of the metal from domestic and foreign sources, according to analysts. The USX shutdown began Aug. 1. Despite the strike, USS--the steel producing unit of USX--said it will increase prices on some steel products effective with shipments beginning Aug. 31.
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