Just a note about the "steel industry."
In case you are not aware, the U.S. has a thriving steel industry, and a thriving auto industry, as well - one that didn't need a government bailout.
The thriving steel industry is a group of companies referred to in the industry as "mini-mills," the largest of which is NUCOR Steel. The thriving auto industry is the group of off-shore manufacturers who are happily and profitably making cars that people actually want.
Interestingly, the "mini-mills" and the off-shore auto manufacturers have something significant in common: NO UNIONS. Their employees make good money, they have good benefits, good working conditions, and they have healthy 401k plans, but no unions.
The Big Three auto makers have the United Auto Workers to partner with and the "integrated steel mills" had the USW.
Draw the appropriate conclusion.