Steel Empire: Bethlehem’s Cutthroat Deal

In the depths of the steel industry, a cutthroat deal was forged in the shadows of New York, where the mighty Bethlehem Steel company struck a pact with its rival, Lackawanna Steel. On May 16, 1922, officials from both companies greenlit the merger, a move that would seal the fate of thousands of workers. The deal was a masterstroke, but one that would have far-reaching consequences for the workers, the companies, and the very fabric of the steel industry.