-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VCaJFeg7605y56WjT2GmQ/yjWw6KsNqsz+/E2yEJ03oQihuCN+Vo0DblLrF6yxJV zLc1n+rwPgCwmJwHPwyE6w== 0000011860-02-000041.txt : 20020827 0000011860-02-000041.hdr.sgml : 20020827 20020827164059 ACCESSION NUMBER: 0000011860-02-000041 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020827 ITEM INFORMATION: Financial statements and exhibits ITEM INFORMATION: FILED AS OF DATE: 20020827 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BETHLEHEM STEEL CORP /DE/ CENTRAL INDEX KEY: 0000011860 STANDARD INDUSTRIAL CLASSIFICATION: STEEL WORKS, BLAST FURNACES ROLLING MILLS (COKE OVENS) [3312] IRS NUMBER: 240526133 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-01941 FILM NUMBER: 02749827 BUSINESS ADDRESS: STREET 1: 1170 EIGHTH AVE CITY: BETHLEHEM STATE: PA ZIP: 18016-7699 BUSINESS PHONE: 6106942424 MAIL ADDRESS: STREET 1: 1170 EIGHTH AVE CITY: BETHLEHEM STATE: PA ZIP: 18016-7699 8-K 1 eight.txt 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ---------------------------------- Form 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 August 27, 2002 ------------------ (Date of earliest event reported) BETHLEHEM STEEL CORPORATION --------------------------- (Exact name of Registrant as specified in its charter) Delaware 1-1941 24-0526133 ------------------------------- ------------ ------------------- (State or Other Jurisdiction of (Commission (I.R.S. Employer Incorporation) File Number) Identification No.) 1170 Eighth Avenue Bethlehem, Pennsylvania 18016-7699 - ---------------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) Registrant's Telephone Number Including Area Code: (610) 694-2424 -------------- N/A (Former Name or Former Address, if Changed Since Last Report) Page 1 Item 7. Financial Statements and Exhibits (c) Exhibits Exhibit No. Exhibit 99.1 Press release of Bethlehem Steel Corporation dated August 27, 2002. Item 9. Regulation FD Disclosure. On August 27, 2002, Bethlehem Steel Corporation issued a press release, a copy of which is attached hereto as Exhibit 99.1 and incorporated by reference herein, announcing that it will permanently close its facilities for producing large-diameter pipe in Steelton, PA. Page 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BETHLEHEM STEEL CORPORATION (Registrant) by: /s/ L. A. Arnett --------------------------- L. A. Arnett Vice President and Controller (principal accounting officer) Date: August 27, 2002 Page 3 INDEX TO EXHIBITS Exhibit No. Exhibit 99.1 Press release of Bethlehem Steel Corporation dated August 27, 2002. Page 4 EX-99 3 pipemill.txt Exhibit 99.1 Bethlehem Steel Corporation Corporate Communications Division Public Affairs Department 1170 Eighth Avenue Bethlehem, PA 18016-7699 (610) 694-3711 - Phone (610) 694-1509 - Fax Internet Homepage Address http://www.bethsteel.com FOR IMMEDIATE RELEASE - ------------------------------------------------------------------------------ Bethlehem Steel to Close Pipe Mill Facility in Steelton, Pa. BETHLEHEM, Pa., August 27, 2002 -- Bethlehem Steel announced today that it will permanently close its facilities for producing large-diameter pipe in Steelton, Pa. The company cited lack of orders as the reason for the closure. "Doing all we can to become competitive will drive our efforts as we retool Bethlehem Steel for the 21st century," said Robert S. "Steve" Miller, chairman and chief executive officer of Bethlehem Steel Corporation. "Closing or selling underperforming facilities will help Bethlehem Steel restructure to become a viable, stand-alone company. In addition, tariff exclusions granted on August 22 by the International Trade Commission and U.S. Department of Commerce will allow 100,000 tons of X70 grade line pipe into this market, further affecting the integrity of the Section 201 relief." The large diameter pipe mill had been in operation in its current configuration since the early 1960s. The mill is a U-O-E type facility with the capability to produce diameters from 20-inch OD to 42-inch OD in 0.281-inch to 1.000-inch gage in ASTM grades and API grades up to X70. The mill has participated in many pipeline construction projects over the last three decades. Due to a lack of orders, the mill has been idle since June 1999. As a result of the closing, Bethlehem will record a $2.5 million charge in the third quarter of 2002 to account for the cost of ongoing benefits for eligible employees. There will be no additional charges for plant and equipment because those assets had been previously written off. Bethlehem is initiating a marketing effort to sell the facilities. # Media Contact: Robert W. Bilheimer 610-694-3711 Public Affairs Department Bethlehem Steel Corporation - 2 - 63: -----END PRIVACY-ENHANCED MESSAGE-----