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PUBLICATIONS
Inside
Illinois
Vol.
24, No. 13, Jan. 20, 2005

Rise
and fall of steel industry chronicled
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Click
photo to enlarge |
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"Making
Steel"
(UI
Press/2005)
by Mark Reutter
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Steel was once the
prototype and pace-setter of American industry, dwarfing every competitor
in the world.
“Making Steel” chronicles the rise and decline of the
steel industry by focusing on the 115-year history of a steel mill and
company town – Sparrows Point, Md.
Established on the outer tip of Baltimore Harbor in 1890, Sparrows Point
grew to be the largest steelmaking complex on earth. Out of the blaze
and hiss of its furnaces came the tin plate for Campbell’s soup
cans, the tailfins of Thunderbirds, the cable for the Golden Gate Bridge,
and a way of life for tens of thousands of families.
Author Mark Reutter, business and law editor at the UI News Bureau,
describes the different worlds that overlapped at Sparrows Point, their
destinies tied to the mill’s early engineering advances and to
the later myopia of upper management as the mill came under pressure
from new technology and competitive materials such as aluminum and plastics.
Updated and expanded from its 1988 edition, “Making Steel”
(UI Press/2005) features
a 24-page photo section, an author’s preface, and an afterword
titled “The Discarded American Worker.” The new section
examines the final years of Bethlehem Steel and the workings of the
U.S. bankruptcy court that stripped the health-care benefits of 95,000
retired employees and handed the Bethlehem properties, including the
remnants of Sparrows Point, to a billionaire financier.
Praised by reviewers around the country, “Making Steel”
is filled with dramatic events and forceful personalities. It takes
the reader back to the headlong expansion of the industry, through war
and peace when the interests of steel and the U.S. government were intimately
bound.
In this edition, Reutter demonstrates how even in the late 1990s executives
at Bethlehem Steel refused to change their practices in the face of
inroads from “mini-mill” steel companies, falsely blamed
foreign steel for their troubles, stopped paying into their employee
pension funds, and, after filing for bankruptcy, dumped billions of
dollars of pension debt into the lap of the federal Pension Benefit
Guaranty Corp., resulting in the worst pension shortfall in U.S. history.
Throughout the book, Reutter portrays the world of steelworkers, including
people such as Charlie Parrish, who fought to become the first black
millwright at Sparrows Point, and Marian Wilson, who defied the iron
rule of Elizabeth Alexander, forelady of the tin inspectors, by refusing
to wear the prescribed blue uniform.
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