Bethlehem Steel: An Obituary




Bethlehem Steel Corp., the mighty company that made the skeleton of Rockefeller Plaza, beams for the Golden Gate Bridge and armor plate for countless warships, faded into history Wednesday with the stroke of a pen.

The bankrupt steelmaker’s executives and lawyers began signing paperwork transferring ownership of the company’s mills to International Steel Group, a new steel company based in Cleveland.

It was a quiet end for an American industrial icon once considered indestructible.

Having spent some time in both Bethlehem, PA and Youngstown, OH while growing up, news like this saddens me.  Of course, the people who loose most from this are the former workers.