What the industry like in the 1800s. Iron was used everywhere and the towns that had iron ore under them were pretty rich. It was continually sold and bought so it could be built into other things. It was booming with money and people were profitable.
The industry today is not like what it used to be. Today we are a major importer of steel and iron but not as much as back then. We mine taconite not iron ore it has a high concentration