Word: ferrous
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...Under "a mild form" of inventory control were 15 other metals: antimony, cadmium, chromium, cobalt, ferrous alloys, iridium, iron & steel products, lead, manganese, mercury, molybdenum, nonferrous alloys, tin, vanadium. Users of these must file statements monthly that they are not increasing their inventories...
...already too high," he told his first press conference. "All of our prices must not go higher. All prices ought to come down." To keep them down he promised to use "economic sanctions." Specific industries he said he planned to go into are textiles, coal, steel, drugs, chemicals, non-ferrous metals, building supplies, machinery, hides and leather...
...slumped notably, foreign demand remained firm; automotive exports in March last year totaled $28,819,000, this year $28,971,000. What the U. S. buys most from abroad is raw materials, but U. S. commodity prices are now at a two-year low; hence imports of non-ferrous metals were down from $19,547,000 in March 1937 to $9,641,000 this year, tin from $11,617,000 to $3,808,000, newsprint from...
...great group of prices in its commodity index had pushed above the average level prevailing in the boom years 1927-29. Building materials and iron and steel products have been in new high ground for some time. To these conspicuous markers on the highway to inflation were added non-ferrous metals (lead, zinc, copper, tin, etc.), which as a group have risen 46% since the commodity boom got underway last autumn...
Biggest fuss last week in the commodity markets which the bounding indices reflect was in copper. Metal prices at home and abroad have been rising dramatically since early autumn. Fortnight ago copper's sister non-ferrous metal, tin, was placed on virtually a 1929 production basis by the tin cartel (TIME, Jan. 18). Last week, with export copper selling as high as 12.75? per lb., the international copper cartel called off production quotas to keep the price of the red metal from soaring higher and to discourage reopening of low-grade mines...