The Steel Speech refers to the June 22, 1967 address made by President Richard Van Dyke on national television during his standoff with the steel industry, which he accused of having reneged on an agreement his administration had helped broker with the steelworkers union and which the Department of Justice sued for antitrust violations and price fixing collusion. During a national uproar, in particular from business executives and many prominent Nationalists, Van Dyke gave an address explaining his rationale for the administrations actions, his hope that the executives could compromise with him, and his views on the role of business and government relations.