16. Reflections on Marginal Cost at U.S. Steel by Clay Christensen

BSSE students and alumni will know all too well why Professor Clayton Christensen was so excited to learn in 2015 that U.S. Steel was finally building a mini-mill at their Fairfield Works plant in Alabama. Several months later, however, the project was postponed. Does theory have an opinion about why U.S. Steel chose not to go forward with the construction of their electric arc furnace? In this episode, we share some brief reflections by Professor Christensen recorded in January.