China is currently the largest producer of steel in the world. Steel is currently the most recycled material in the world, the industry estimates that of new metal produced each year some 42.3% is recycled material.

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Some 3,000 retired steelworkers from Akron-based Republic Technologies have been notified that their pensions will be cut, in some cases by as much as 75 percent.  Their pension obligations were assumed by the Pension Benefit Guaranty Corporation, whose analysis found that many of the retirees had been overpaid tens of thousands of dollars.

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“I had a retiree in my office today; he put in 29 years.  His pension went from $1,500 to $370, and they’re going to deduct $37 per month because he has to pay back $25,000.  He’s 57, diabetic and can’t work.” 

-- Michael Milsap, United Steelworkers Union, May 29, 2008

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1. So you’re a steelworker...
2. Steel pensions are plagued with problems
3. If you're still working, there is some good news
4. Where do I go to find out about my pension?
5. Contact info for steel companies