This chapter discusses the work of a famous stainless steel pioneer, Edward G. Budd. The discussion covers his early years, his automobile body business, the arrival of novel kind of stainless steel in America, Earl Ragsdale's shot weld patent, the world's first stainless steel airplane, the world's first stainless steel rubber-tired train, the Flying Yankee, the Mark Twain Zephyr, the development of the Budd Company in the war years and postwar years, and a review of the Budd Era.

This chapter is an account of the various events that led to the decline of the integrated steel industry during the 1950s. These include the steel strike of 1959, the improvements in technology and increase in imports since 1950s, widespread closures of steel companies, the decline of the minimill industry, and the rapid growth of Mittal Steel.