Word: ingotsize
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The tragic irony of the U.S.'s steel shortage was underscored last week by a new report on how much steel the U.S. can now produce. According to the American Iron & Steel Institute, U.S. steel capacity (conservatively rated a good 2½% below all-out capacity) was stepped up...
There are plenty of reasons for the scrap shortage. U.S. steel mills chewed up more scrap in six months of 1942 than in all of 1917-three times as much as in all of 1932. And just when the demand for scrap is zooming to record heights, some of the...
> The Gano Dunn report allowed 9.000,000 tons for the auto industry. Some 8,000,000 tons of this is now available for other uses; 15,000 40-ton tanks will account for well under 1,000,000 tons of ingots.
From the Canadian-Australasian liner Niagara, 438 ft. below New Zealand's coastal waters, an Australian salvage company hauled ?2,397,000 ($7,750,000) in gold ingots. The job had taken eleven months and three weeks, was the deepest salvage operation in marine history.
> Job No. 1 was in the hands of a Dutch mayonnaise executive (vice president and general manager of Hellmann's) named Maus R. Van Benschoten. He has been peering through his horn-rimmed spectacles for strategic materials tied up in railroad yards, warehouses, backyards. By last week he had...