Word: ingot
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...IRON to STEEL. In May, the House approved the Government's motion to transfer "appropriate sections" to public ownership. After further study, a bill will be offered, probably recommending nationalization of iron ore, coke ovens unaffected by the coal bill, pig iron and most steel ingot manufacture, heavy rolling mills and some finishing plants. Just where the line can or will be drawn is a question. Meantime, the Government will appoint a Steel Control Board to oversee the industry and insure raw materials supply, and may carry out modernization schemes taken from the industry's own plan...
...public at $10 a share, as soon as its registration statement is made effective by the SEC, and sell another 300,000 shares at the same price to K-F and Graham-Paige Motors Corp. With the cash Portsmouth plans to buy the Wheeling Steel Corp.'s ingot works at Portsmouth, Ohio and the Emperor Coal Co. of Kentucky...
Last week, at the dumping scene, Neilsen plunged into six feet of water. Under the soft mud he felt "two areas-each about 20 feet square . . . paved with blocks." He brought up a 75-lb. platinum ingot (worth $42,000). Army engineers are dredging for the rest of the hoard...
...more than joo small, nonintegrated steel makers, he held out a closer hope. Even the OPA is willing to admit that many of the small companies, without the advantage of ore-to-ingot production, are losing money. Mr. Bowles promised them a price boost...
...Defense Plant Corp. cannot compete with Alcoa if they are turned over to private hands. In general, the DPC plants are more expensive to operate as a unit than are Alcoa's, because they are not as well integrated, i.e., fabricating plants are often hundreds of miles from ingot plants. To get them into production fast, many were built to mesh with Alcoa's own plants. The DPC plants can compete, said Tom Clark, only with the help of Government subsidies. But if Alcoa is broken up, the "need for subsidies" will be eliminated...