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By Ross Hetrick and Ross Hetrick,Staff Writer | January 19, 1993
Bethlehem Steel Corp. split its two main steelmakin operations into separate business units yesterday and named Duane R. Dunham, the company's marketing vice president, to be president of the Sparrows Point Steel Mill in Baltimore County.The operations will be known as the Bethlehem Sparrows Point Division and the Bethlehem Burns Harbor Division. Burns Harbor is in Indiana, 40 miles southeast of Chicago. Each unit will be responsible for its own marketing, operation and financial performance, the company said.
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BUSINESS
By Kristine Henry and Kristine Henry,SUN STAFF | August 21, 2002
Bethlehem Steel Corp. said yesterday that it signed a "multimillion-dollar" contract with a Howard County company to upgrade the software and hardware it uses in the continuous caster at its plant in Burns Harbor, Ind. The upgrade replaces a system installed 18 years ago; GSE Systems Inc. of Columbia handled the original software installation and won the new contract. The software will allow operators to more easily identify problems that come up with the continuous caster, a piece of equipment that turns molten steel into slabs.
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BUSINESS
By Bloomberg Business News | September 4, 1993
WASHINGTON -- Bethlehem Steel Corp. was fined $6 million -- the largest ever under the federal government's hazardous-waste law -- for "longstanding and willful" violations at its Burns Harbor, Ind., plant, the Justice Department said yesterday.A federal judge imposed the civil penalty Tuesday after finding that Bethlehem Steel, the nation's second-largest steelmaker, "failed for many years" to address environmental problems that included contaminated soils in a landfill, the Justice Department said.
BUSINESS
By Ross Hetrick and Ross Hetrick,Sun Staff Writer | October 27, 1994
Despite capital improvement costs that cut into its bottom line, Bethlehem Steel Corp. said yesterday that profits continued during the third quarter, reporting income of $10.3 million on sales of $1.2 billion.The company should stay in the black into next year, according to Curtis H. "Hank" Barnette, Bethlehem's chairman and chief executive."We believe that the very strong momentum of consumer spending and business investment, along with the growth in other world economies, will support high, continuing levels of steel demand through 1995," he said at a news conference in Bethlehem, Pa. "Demand for our flat-rolled products remains strong."
BUSINESS
By Ross Hetrick and Ross Hetrick,Sun Staff Writer | October 27, 1994
Despite capital improvement costs that cut into its bottom line, Bethlehem Steel Corp. said yesterday that profits continued during the third quarter, reporting income of $10.3 million on sales of $1.2 billion.The company should stay in the black into next year, according to Curtis H. "Hank" Barnette, Bethlehem's chairman and chief executive."We believe that the very strong momentum of consumer spending and business investment, along with the growth in other world economies, will support high, continuing levels of steel demand through 1995," he said at a news conference in Bethlehem, Pa. "Demand for our flat-rolled products remains strong."
BUSINESS
By Ross Hetrick and Ross Hetrick,Staff Writer | July 29, 1993
Bethlehem Steel Corp. came close to breaking into the black in the second quarter as the beleaguered steelmaker announced yesterday that it posted a loss of $5.3 million -- about one-tenth the loss it suffered a year earlier.And with the trend expected to continue, Bethlehem is likely to post a profit in the current quarter, according to Curtis H. Barnette, the company's chairman and chief executive. It would be Bethlehem's first quarterly profit in three years.Bethlehem's financial recovery could be imperiled, however, if a strike begins Sunday at its two major steel operations, at Sparrows Point in Baltimore County and Burns Harbor, Ind. There is also fear among analysts that Tuesday's ruling that lifted a number of steel import duties could spur more steel imports and knock down recent domestic steel price increases.
BUSINESS
By Kim Clark and Kim Clark,Staff Writer | April 29, 1992
WILMINGTON, Del. -- With steel prices below their 1981 level and demand remaining weak, Bethlehem Steel Corp. said yesterday that it will lose money at least through June.The nation's second-largest steelmaker lost $45 million in the first three months this year and expects to report a loss for the second quarter, Chairman Walter F. Williams said at the company's annual shareholders meeting.This year's first-quarter loss compared with a loss of $38.7 million in the year-ago period.But Mr. Williams said he sees some signs of hope: a rise in sales; continuing improvement at the company's plants at Sparrows Point and Burns Harbor, Ind.; and a possibility of increased government spending on bridge and highway repairs.
BUSINESS
By Kim Clark and Kim Clark,Staff Writer | April 29, 1992
WILMINGTON, Del. -- With steel prices below their 1981 level and demand remaining weak, Bethlehem Steel Corp. said yesterday that it will lose money at least through June. The nation's second-largest steelmaker lost $45 million in the first three months of this year and expects to report a loss for the second quarter, Chairman Walter F. Williams said at the company's annual shareholders meeting. This year's first-quarter loss compared with a loss of $38.7 million in the year-ago period.
BUSINESS
By Kristine Henry and Kristine Henry,SUN STAFF | August 21, 2002
Bethlehem Steel Corp. said yesterday that it signed a "multimillion-dollar" contract with a Howard County company to upgrade the software and hardware it uses in the continuous caster at its plant in Burns Harbor, Ind. The upgrade replaces a system installed 18 years ago; GSE Systems Inc. of Columbia handled the original software installation and won the new contract. The software will allow operators to more easily identify problems that come up with the continuous caster, a piece of equipment that turns molten steel into slabs.
BUSINESS
By Liz Atwood and Liz Atwood,Evening Sun Staff | April 24, 1991
Bethlehem Steel Corp. lost $39.2 million, or 60 cents a share, on sales of $1.05 billion in the first quarter, but analysts say things could be worse."
BUSINESS
By Bloomberg Business News | September 4, 1993
WASHINGTON -- Bethlehem Steel Corp. was fined $6 million -- the largest ever under the federal government's hazardous-waste law -- for "longstanding and willful" violations at its Burns Harbor, Ind., plant, the Justice Department said yesterday.A federal judge imposed the civil penalty Tuesday after finding that Bethlehem Steel, the nation's second-largest steelmaker, "failed for many years" to address environmental problems that included contaminated soils in a landfill, the Justice Department said.
BUSINESS
By Ross Hetrick and Ross Hetrick,Staff Writer | July 29, 1993
Bethlehem Steel Corp. came close to breaking into the black in the second quarter as the beleaguered steelmaker announced yesterday that it posted a loss of $5.3 million -- about one-tenth the loss it suffered a year earlier.And with the trend expected to continue, Bethlehem is likely to post a profit in the current quarter, according to Curtis H. Barnette, the company's chairman and chief executive. It would be Bethlehem's first quarterly profit in three years.Bethlehem's financial recovery could be imperiled, however, if a strike begins Sunday at its two major steel operations, at Sparrows Point in Baltimore County and Burns Harbor, Ind. There is also fear among analysts that Tuesday's ruling that lifted a number of steel import duties could spur more steel imports and knock down recent domestic steel price increases.
BUSINESS
By Ross Hetrick and Ross Hetrick,Staff Writer | January 19, 1993
Bethlehem Steel Corp. split its two main steelmakin operations into separate business units yesterday and named Duane R. Dunham, the company's marketing vice president, to be president of the Sparrows Point Steel Mill in Baltimore County.The operations will be known as the Bethlehem Sparrows Point Division and the Bethlehem Burns Harbor Division. Burns Harbor is in Indiana, 40 miles southeast of Chicago. Each unit will be responsible for its own marketing, operation and financial performance, the company said.
BUSINESS
By Kim Clark and Kim Clark,Staff Writer | April 29, 1992
WILMINGTON, Del. -- With steel prices below their 1981 level and demand remaining weak, Bethlehem Steel Corp. said yesterday that it will lose money at least through June.The nation's second-largest steelmaker lost $45 million in the first three months this year and expects to report a loss for the second quarter, Chairman Walter F. Williams said at the company's annual shareholders meeting.This year's first-quarter loss compared with a loss of $38.7 million in the year-ago period.But Mr. Williams said he sees some signs of hope: a rise in sales; continuing improvement at the company's plants at Sparrows Point and Burns Harbor, Ind.; and a possibility of increased government spending on bridge and highway repairs.
BUSINESS
By Kim Clark and Kim Clark,Staff Writer | April 29, 1992
WILMINGTON, Del. -- With steel prices below their 1981 level and demand remaining weak, Bethlehem Steel Corp. said yesterday that it will lose money at least through June. The nation's second-largest steelmaker lost $45 million in the first three months of this year and expects to report a loss for the second quarter, Chairman Walter F. Williams said at the company's annual shareholders meeting. This year's first-quarter loss compared with a loss of $38.7 million in the year-ago period.
BUSINESS
By BLOOMBERG NEWS | December 21, 2004
RICHFIELD, Ohio -- International Steel Group Inc., being bought by Mittal Steel Co. to form the world's biggest steelmaker, said yesterday that it will restart the steel-plate mill in Burns Harbor, Ind., to meet rising demand from its industrial and military customers. The steel-plate mill will begin production in the second quarter, adding 80 jobs, ISG said in a statement. Burns Harbor is International Steel's biggest plant, with 3,700 workers. Burns Harbor, which can also make 4.8 million tons a year of raw steel, ended operations at the plate mill in 2000 when it was owned by Bethlehem Steel Corp.
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