Word: scraps
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Dates: during 1940-1949
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...Bethlehem Pacific Coast Steel Corp. was importing scrap metal from a country that once bought a lot of it from the U.S.: Japan...
...equipment workers began streaming out of International Harvester's big plant, some 70 U.A.W. members were waiting at the gates with organizing leaflets. Local F.E.W. bosses pulled their workers back inside; when they came out again, they came out swinging-crowbars, steel hinges, and slabs of scrap iron...
Money Talks. Steelmen had some other plausible arguments against big expansion now. They pointed out that throughout the 1930s, capacity was far greater than the country's demand for steel. Even in recent years production has been below capacity because of strikes, shortages of scrap and coke, etc. But that argument lost some of its point recently. Production stood at 100% of capacity, and scrap had once again become plentiful enough so that the price was dropping...
...Samuel Insull, farthings-to-millions Midwest utilitycoon of the '20s, were cluttering up the basement of a La Salle Street office building, a Chicago judge ordered the old bonds, canceled debentures, stock certificates, vouchers, receipts, and canceled checks (about 50,000 papers weighing three tons) sold as scrap paper at public auction. Estimated scrap value...
...allocated $26 million to Western European nations to buy aluminum. They had been using the dollars to buy Canadian ingots at 16? a lb. This gave the Europeans a surplus of aluminum. They shipped the metal to the U.S.-where there is a shortage-in the form of scrap. U.S. fabricators were paying as high as 25? a lb. for their European scrap...