Word: ingots
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...companies have not confined themselves to the more spectacular improvements. They have adopted automation widely in their mills, can now get a steel ingot of any desired size and quality simply by inserting an IBM card in a machine. Republic Steel is reducing iron ore directly into steel through the new "RN" process, which eliminates the blast furnace and reduces open-hearth time by almost...
...Soviet-designed Bhilai steel mill, rising, a month behind schedule, on what was once a wilderness on the sun-scorched plain of central India. To a large extent, the two mills-along with one more being built with British help and another with American, each of 1,000,000 ingot ton capacity-represent the chief hope of India's shaky economy. They are also playing a significant role in the complicated drama of the cold...
...Most Talented. Since India produces only 1,800,000 tons of ingot steel a year, the government must use up huge chunks of its foreign reserves to import the steel the country needs. Hoping to quadruple production by 1961, India has brought in the services of four different nations to do it. At Durgapur in West Bengal, 400 British experts are supervising 29,000 Indians in building a mill that will begin operation next fall. Also in West Bengal, in Jamshedpur, the Pittsburgh of India, U.S. engineers of the Kaiser Engineers Division are just about finished with...
...booming South and Southwest. Furthermore, it has no single customer who takes as much as 10% of its output. Granite City owes its prosperity even more to a forward-looking $33 million expansion program that has already hiked its capacity 47% and slashed the per-ton cost of annual ingot capacity. Now producing at an annual rate of 1,320,000 tons, Granite City will have upped its output by 217% from 1947 when it reaches peak efficiency next year (v. a 61% hike for the rest of the industry...
ALUMINUM MEN will push for protection against foreign competition, most likely through steeper tariffs, quotas, or export subsidies. Domestic producers complain that U.S. duty on aluminum pig and ingot will drop from 1.3? per Ib. to 1.25? next month, while some foreign countries tax U.S. aluminum...