Word: kloeckner
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...world's most basic industry. From Tokyo to Naples, steelmen are moving to the sea, erecting new plants hundreds (and sometimes thousands) of miles from even the meagerest deposits of raw materials. Last week, in a move that emphasized this trend, West Germany's sixth largest steelmaker, Kloeckner-Werke, announced that it plans a $25 million expansion of its eight-year-old plant near Bremen...
...highly automated Kloeckner-Werke's wide strip mill in Bremen, 90 West German workers are turning out flat bar steel at the rate of more than 110,000 tons a month...
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