Poor management, outdated technology, competition from overseas, and steel’s replacement to materials like aluminum and fiber-reinforced plastics have all been cited as causes for the decline of the United States steel industry.
(A) steel’s replacement to materials like
(B) the replacement of steel by such materials as
(C) the replacing of steel with materials of
(D) the replacing of steel by means of materials like
(E) to replace steel by materials such as
考察平行和用词
首先，名词的分类是抽象名词，具体名词和动名词，在平行中，这三类名词不能交叉平行。所以management, technology, competition都是抽象名词，只能和抽象的replacement平行。所以CDE不平行
其次，表示举例的时候用such as 不用Like，选择B
(PS：of 结构要优选于's)