Nothing is technically impossible, but I live about 10 miles North of the great steel foundries that once populated this area heavily, and there's very little left of them around here. The technology back then was from the late 1800s, which enabled the Japanese steel mills, with then-current 1950's technology, to survive and flourish.
Picture the same kind of effort it would take to resurrect a steam locomotive that's been sitting as long. Possible yes, but......
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