USA HISTORY

Detailed explanation-1: -Carnegie Steel hired Alexander Holley to implement Bessemer steel technology, the cutting edge steel making technology at the time, at his mills. When a new and more efficient process known as open hearth was developed, Carnegie simply scrapped the existing equipment and made the transition to the new system.

Detailed explanation-2: -Carnegie adopted a new process invented by Sir Henry Bessemer that allowed steel to be made from iron more efficiently and quickly. This lowered the cost for steel, expanding the market. While this Bessemer steel didn’t work for bridges or buildings, it worked well for railways.

Detailed explanation-3: -In the early 1870s, Carnegie co-founded his first steel company, near Pittsburgh. Over the next few decades, he created a steel empire, maximizing profits and minimizing inefficiencies through ownership of factories, raw materials and transportation infrastructure involved in steel making.

Detailed explanation-4: -Henry Bessemer, Man of Steel Henry Bessemer invented the process that Carnegie used to produce steel. Visit this site to learn more about Bessemer and his achievements in many areas.

Detailed explanation-5: -The American businessman Andrew Carnegie, during his business trips to England in the years following the Civil War, took special note of the Bessemer process. In 1872 Carnegie visited a plant in England which was using Bessemer’s method, and he realized the potential of producing the same quality of steel in America.