BUSINESS
By Allison Connolly and Allison Connolly,Sun Reporter | December 10, 2006
Five years ago, there would have been few takers for the steel plants in Sparrows Point and Weirton, W.Va. Bethlehem Steel Corp., which owned Sparrows Point at the time and was once the largest steelmaker in the world, was in its death throes, joining the list of Rust Belt companies that buckled under the weight of high costs and fierce competition. But if either plant goes up for sale early next year, there could be multiple bids for each. And there's a good chance the buyer won't be American.
NEWS
By Arthur Hirsch, The Baltimore Sun | June 23, 2012
Growing up in Dundalk, Kent Mosmiller knew about Sparrows Point Country Club. He spent summers on little boats along Bear Creek where he could check out the 40-foot cabin cruisers at the club marina and, beyond that, the green expanse of the golf course. It wasn't for him or his family. The club was an enclave for what he called "white hats" at Bethlehem Steel, which established the club as a benefit for supervisors in the 1920s. Neither Mosmiller nor his parents ever worked for the company.
BUSINESS
By New York Times News Service | January 30, 1993
TORONTO -- The Canadian government imposed provisional tariffs on steel from the United States yesterday, two days after the United States imposed steep duties on Canadian steel imports.Canadian officials insisted that the proximity of the decisions was coincidental. But they left little doubt that their investigation of unfair trade by American steel makers was a tit-for-tat reaction to similar moves by Washington in relation to Canadian steel imports.Canada and the United States both took action against imported steel that they say is sold in their markets at prices below what it fetches in the country of origin.
NEWS
November 30, 1990
Services for B. Marvin Thomas Jr., a retired executive of a steel and aluminum company, will be held at 1 p.m. tomorrow at the Calvary Baptist Church, 120 W. Pennsylvania Ave., Towson.Mr. Thomas, who was 79 and lived on Dunkirk Road in Anneslie, died of kidney failure Wednesday at the Greater Baltimore Medical Center.He retired about 15 years ago as vice president of the American Steel and Aluminum Co. Earlier, he was president of the John McKenzie Steel Co. The McKenzie company, where he started as a salesman in the 1940s, was sold to American Steel and Aluminum.
BUSINESS
By Ross Hetrick and Ross Hetrick,Staff Writer | December 1, 1992
Bethlehem Steel Corp. and other American steel companies received an early Christmas present yesterday as the U.S. Commerce Department slapped higher duties, ranging from 0.71 percent to 90.09 percent, on steel imports from 12 countriesThe ruling is expected to depress steel imports and to boost the prices of steel plate and sheet products, which are made at Bethlehem's Sparrows Point mill in Baltimore County.The amount of the conditional duties on various steel plate and sheet products varied depending on the company, country and the type of steel produced.
NEWS
By Jason Shultz | March 11, 2002
CAN YOU hear that sound? It is the sound of the U.S. steel industry melting into obscurity. In a largely political move, President Bush took the easy way out Wednesday by imposing limited tariffs ranging from 8 percent to 30 percent, but exempted America's two largest trading partners, Canada and Mexico. He didn't go far enough. What would you do if you lost your pension and health care in retirement? Would you go back into the work force? Do you have the skills to start a new career at 65?