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Bethlehem Steel Corp.: The steel maker said...

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From Times Staff and Wire Reports

Bethlehem Steel Corp.: The steel maker said first-quarter earnings totaled $21.3 million, down 67% from the same period a year ago. Revenue fell 13% to $1.2 billion. The Bethlehem, Pa., firm blamed the earnings plunge on higher operating costs and a continuing slowdown in the steel market.

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