Word: marketed
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Dates: during 1960-1969
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...begun tapering off even before last week's settlement, and some steelmakers expect second-half shipments to decline by more than 20% from their first-half level of 53 million tons. The industry is also concerned about competition from foreign steelmakers, who increased their inroads into the U.S. market by taking advantage of the abnormally high domestic demand for steel earlier this year. Steel from abroad is expected to account for at least 15% of the nation's total 1968 shipments...
...Westinghouse. For MCA, one of the principal attractions of the $385 million stock-swap deal is Westinghouse's higher dividend. And nobody stands to benefit more than MCA's founder and chief stockholder, Chairman Jules Caesar Stein, 72, whose 27% stake in the company has a current market value of almost $90 million. By converting his MCA holdings to Westinghouse stock, Stein's annual dividend return would rise from $1,200,000 a year...
...Applying the hover principle to industry, the company is currently producing, mostly on an experimental basis, an air-cushion pallet called "Float-a-Load," which can be used to move industrial equipment weighing up to five tons. Its hopes are highest for the $4,000,000 SR.N4, whose potential market over the next ten years could exceed 100 orders if all goes well on its showcase channel crossings...
...that interior. It plans to build at Kebrabasa a 510-ft.-high, 1,000-ft-wide dam that by 1974 will generate 12 billion kw-h of electricity per year, 2 billion more than Egypt's Aswan High Dam. Eventually, the dam will become a sort of common-market grid for white-dominated southern Africa. Most of the power will travel 800-mile-long lines to Pretoria and feed South Africa's industry, but Mozambique's other neighbors, Rhodesia and probably Malawi, will get their share...
...years from now the new plants, plus the increased smelting capacity of Alcan Aluminium Ltd., should be able to put 348,000 short tons of ingots on the market annually, but some analysts are predicting an aluminum glut before then. Sir Val Duncan, chairman of Rio Tinto, disagrees. "If you look at it globally, that must be nonsense," he says...