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Carnegie began to see that steel was eventually going to replace iron for the manufacture of rails, structural shapes, pipe, and wire. In 1873 he organized a steel rail company. The first steel furnace at Braddock, Pennsylvania, began to roll rails in 1874.
Andrew Carnegie. A Scottish-born American industrialist and philanthropist. He founded Carnegie Steel and dominated the American steel industry. His obsession to surpass Rockefeller in wealth and continue to achieve more profits leads Carnegie to leave Henry Frick in charge of implementing lower pay and longer working hours.