The skin is stainless steel, the frame carbon steel. I dunno the details of how one is attached to the other, but the article said something about a weld that probably failed in spots. There is also the possibility of vapor getting into the structure one way or another and condensing.
Stainless steel is chromium-iron-carbon and maybe nickel (better-quality, more highly rust-resistant stainless steel). Steel is iron-carbon.
There is a stainless steel seller's consortium that has an informative PDF on stainless steel that is worth downloading. If it's good quality then its longevity and lack of need for a lot of maintenance makes it a good choice for many applications.
One material that is not as long-lived as people used to assume, is concrete. Concrete is water-permeable. Water gets in and, in cold climates, freezes in the winter, thereby expanding and making the tiny cells within concrete bigger. This happens year after year, until the structure is honeycombed with hollow pockets. A lot of our dams here are on their last legs for that reason.