Word: alloy
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...announced 2?-a-lb. increases two weeks ago, Washington merely grumbled. Thus encouraged, nine steelmakers last week followed Jones & Laughlin Steel Corp.'s earlier lead in raising prices on tubular products by averages of 2.5% to 3%. At the same time, the price of molybdenum, an alloy agent used in strengthening steel, was raised 3.7% by two leading producers. In view of all the activity, the aluminum increases - ½?10 a Ib. by Alcoa, Alcan, Reynolds, Kaiser Aluminum and Olin Mathieson-seemed almost anticlimactic...
...bring it up to date, the Bushmaster will sport more powerful engines, enlarged cockpit windows, a lighter and stronger aluminum-alloy skin, a foot-operated hydraulic replacement of the old Tri-Motor's hand-operated "Johnny Brake," a larger stabilizer and a dorsal fin to reduce yaw, modern trim tabs, and interior rather than exterior control cables...
Since late last year, the silver-short U.S. has been forced to mint silverless "sandwich" quarters and dimes containing a central layer of copper between two thin slices of copper-nickel alloy. Now another Government agency has suggested a more direct solution: find more silver. To aid prospectors, U.S. Geological Survey scientists have designed and successfully tested a "silver snooper," a device capable of locating silver deposits buried as deep as three feet below the ground. By shooting a stream of neutrons into the earth, the snooper turns the silver temporarily radioactive, causing it literally to signal its presence...
Although a few speculators had already introduced metal tokens into a few Nevada houses-notably Spark's Nugget and Lake Tahoe's Wagon Wheel -Segel's tokens (usually nickel alloy) began rolling around the state like tumbleweed, are now being shoved into the slots of one-armed bandits in 50 of the state's 70 gambling houses. For the operators, it means more than nostalgia. The coins have proved a source of revenue. Customers have taken such a shine to tokens that instead of cashing them in for a dollar upon leaving, they have begun...
Though producers set output records last year, demand is now running well ahead of supply as a result of continuing economic expansion. Aside from copper, the pinch is tightest in the strengthening and rust-resisting metals used to make alloy steels. Detroit is consuming more chrome steel for trim. A surge in orders for machine tools has boosted demand for tungsten steel used in cutting edges. Molybdenum, one of the prime hardening metals, is so scarce that steelmakers frequently are forced to buy on a grey market, where they pay speculators double or triple the going price...