1965 - For the first time, more than 10 million tons of foreign steel are imported into the United States.

1966 - Bethlehem fabricates steel for Madison Square Garden, Newport Bridge and second Delaware Memorial Bridge.

1970 - Stewart S. Cort elected chairman of Bethlehem.

1973 - Bethlehem produces 23.7 million tons of raw steel and ships 16.3 million tons of finished steel -- both records -- and reports net income of $207 million.

1974 - Lewis W. Foy is elected chairman.

1975 - Capital expenditures for the year amount to a record $674 million. Bethlehem's first continuous caster begins production at Burns Harbor.

1976 - Bethlehem shuts down its Fabricated Steel Construction Division.

1977 - Bethlehem reduces steelmaking capacity at Lackawanna and Johnstown.

1978 - More than21 million tons of steel are imported.

1980 - Donald H. Trautlein is elected chairman.

1981 - Bethlehem's sales reach a record $7.3 billion.

1982 - Bethlehem reports a record loss of $1.5 billion, the first of five years of losses as the steel industry goes through a period of unprecedented restructuring. Bethlehem eliminates steelmaking at Lackawanna and shuts down or sells other plants, mills, mines and shipyards. Total employment is reduced by more than half in the next five years.

1984 - Steelimports into the United States climb to a record 26 million tons, and Bethlehem and the United Steelworkers Union successfully file a 201 Petition under U.S. trade laws.

1986 - Walter F. Williams is elected chairman. Bethlehem concentrates its resources on making its steel operations competitive, restructuring its businesses and rebuilding its financial strength. New continuous casters begin production at Sparrows Point and Burns Harbor.

1988 - Bethlehem reports record net income of $426 million.

1989 - Bethlehem announces it will build three new hot-dip galvanizing lines at Burns Harbor, Sparrows Point and in the southern United States. Work proceeds on complete modernization of Sparrows Point hot-strip mill.

1990 - Bethlehem restructures its structural and rail operations.

1992 -Curtis H. Barnette elected chairman. Steel plants established as individual business units, responsible for production, marketing and financial performance. Bethlehem continues restructuring, exiting the bar, rod and wire business.

1993 - New galvanizing lines begin production at Burns Harbor and Sparrows Point. Bethlehem and USWA negotiate a six-year agreement.

1994 - Majorcapital improvements include new coke oven battery and coal injection facility at Burns Harbor and new electric furnace and head-hardening rail line at Pennsylvania Steel Technologies.

1995 - Bethlehem Structural Products and BethForge undergo major transition, discontinuing steelmaking operations.

1996 - To improve financial performance and stockholder value, Bethlehem undertakes comprehensive restructuring plan involving sale or shutdown of unprofitable businesses and improved competitiveness of core steel operations at Burns Harbor, Sparrows Point and Pennsylvania Steel.

1997 - Bethlehem sells Bethship, Bethforge, CENTEC and coal mining interests, and ends its production of structural shapes.  Announces $300-million investment in new cold rolling mill at Sparrows Point.

1998 - Bethlehem merges with Lukens Inc. to become premier plate producer in North America.