Word: ingot
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Dates: during 1930-1939
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Somewhat better than employment news were reports that lumber production, carloadings, power production, steel ingot production, although far below last year, were up last week, or better than the trend...
Strip steel (steel rolled into plates and sheets instead of steel in ingot form) is used in an ever-increasing variety of products-tanks, freight cars, automobiles, beer barrels, stoves, refrigerators, signs. Republic's new mill is designed for "tailor-made" production to meet the special demands of each customer. Raw steel arrives at the plant in slabs as long as 16 feet, as thick as six inches, as heavy as eight tons. Shoved into three furnaces at the beginning of the production line, the slabs are cooked to a white-hot 2250°. Then, with a thud that...
...durable goods industries would begin the following June or July. Nothing happened in June, and as late as June 27 economists including Cleveland's Col. Leonard Porter Ayres saw no signs that General Dawes was right. But less than two weeks later (TIME, July 22, 1935) steel ingot production suddenly began the rise which has been virtually continuous ever since. By this modest but clean-cut feat Banker Dawes gained a reputation as a Recovery Prophet.* Starting up from his laurels last week, "Charlie"' Dawes published a 45-page book, How Long Prosperity?, in which he risked another...
...Spewed from the blazing steel furnaces of the nation last week were 1,200,000 tons of ingot steel-highest weekly production in U. S. history. Highest previous figure (1,193,000 tons) was set in May 1929. At that time the steel industry was operating a higher percentage of capacity than last week (92%) but capacity was then only some 61,000,000 tons annually, as against more than 68,000,000 tons today...
Famed in steel for another kind of conversion is American Rolling Mill-the continuous process for converting a white hot ingot into a long, thin sheet or strips...