What is Happening to American Manufacturing?
Articles, Facts, and News from Mark Reutter

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Is No. 4 a Keeper?

Sparrows Point Sale Scuttled

Lifting the Mittal Curse

Monopoly Abuses Pinned to Mittal

Mittal Steel's Effect on Domestic Prices

Another Chapter

Ross Named Defendant in Sago Mine Lawsuits

Incestuous Dealings at Sago

Mittal Steel's U.S. Record

Mittal v. Arcelor

Making Steel Updates

Chapter 11 Bankruptcy, Steve Miller, Delphi

The Sago Accident and the Business of Coal

Making Steel, the Book

Past Tours & Talks

Forerunners and Prophets

Steelman Back Pages

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Last updated
March 22, 2008
© Mark Reutter

 

 

 

      

What's Going On

Since 2001, I have been following the financiers, directors, managers, and policymakers who were involved in the Chapter 11 disassembly of Bethlehem Steel Corp. My research has taken me into the billionaire worlds of New York financier Wilbur Ross, Indian metals tycoon Lakshmi Mittal, and, more recently, Russian oligarch Alexei Mordashov. Other people and organizations keep popping up, cutting deals and causing things to happen – Robert Steve Miller (Delphi Corp., ex-Beth Steel), Lewis Kaden (Citigroup, ex-Beth Steel), Nathaniel Rothschild and Rothschild Inc. (Arcelor, Delphi), the Pension Benefit Guaranty Corp. (PBGC), Southern District Court (Bankruptcy) of New York, and the U.S. Department of Justice Anti-Trust Division.

This is a record of my reporting of these events as they transpired. What’s going on? No less than a quiet restructuring of U.S. basic industry. –MR

 

 

 

 

 

Tinplate Washer, 1936