Corporations: A New Boss for Big Steel

During 13 years as the steel industry's chief spokesman, U.S. Steel Chairman Roger M. Blough has become one of the best known American business men—if not the most conspicuously successful one. When Blough steps down next month at the mandatory retirement age of 65, he will leave behind an industry with a stodgy image and a company with a spotty record. In his tenure, U.S. Steel's share of domestic steel sales has slipped from 30% to 25%. Last week, hoping to reverse that trend sharply, the world's largest steelmaker picked a new...

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