Word: ingotsize
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CHEAPER titanium, the wonder metal used in jet engines, is on the way. Monsanto Chemical Co. and Massachusetts' National Research Corp. have developed a speedy new process which bypasses the intermediate step of converting ore into titanium "sponge," instead produces titanium crystals that can be melted directly into ingots...
Mindful of the possible repercussions on their approaching wage negotiations, steelmen were not thinking in terms of a flat, across-the-board boost; they had in mind individual adjustments on different kinds of steel. They would probably have little trouble getting higher prices from their customers. Even though steel output...
Even where metals were in short supply e.g., aluminum, producers made no attempt to raise prices. Their great (127%) expansion, launched since Korea, made them fearful of a glut if their prices got out of line. Though U.S. Steel and other big producers said there would be no general increase...
The World Bank (a loan pool of 54 nations, started at Bretton Woods, N.H. in 1944) said that the money would go into 27 construction and development programs in electric power, coal mining, extraction and processing of nonferrous metals, iron and steel, some manufacturing industries, forestry and transportation. Most projects...
Coined gold, which in time of trouble can be handily tucked away while heavy ingots would be conspicuous, fetches more money than bulk gold. In postwar Europe, hoarders have willingly paid 20% more than the price of bulk gold for old coins (French napoleons, British sovereigns, U.S. double eagles). Many...