In the meantime, in the U.S. there has continued to be a strong sub-culture of riders interested in steel, lugged, frames. In the last few years that interest has intensified and now there are shows dedicated to artisan builders.
Now, in a reversal of roles, the Italians are coming back to building classic (well, perhaps with a nod to some modern touches) frames. Like an old suit, if you wait long enough it comes back in style.
Some of the steel, lugged, frames on display at Eurobike:
Others such as Cinelli, DeRosa, Tommasini never stopped and are continuing; also displaying at Eurobike.