Word: steeling
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Dates: during 1980-1989
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...trigger price system will be set 12% higher than the average March level of $358.31 a ton. In addition, a new "antisurge provision" requires a Commerce Department review whenever imports exceed 13.7% of steel consumption in the U.S. at any time that the domestic industry is running below 87% of capacity. After the announcement, U.S. Steel dropped its case against the European producers...
...Carter program includes: tax incentives for plant modernization, increases in research, a three-year extension for fulfilling the antipollution requirements of the Clean Air Act, and subsidies for workers and communities affected by industry layoffs and plant shutdowns. One likely effect of the Carter program will be to increase steel prices, since domestic steelmakers will now be able to raise prices without as much fear of low-cost foreign competition...
...steel plan again raised questions about the Government's role in aiding declining sectors of the economy. Says Murray Weidenbaum of Washington University: "None of this deals with the underlying problems that have created the steel industry's competitive problems. It's like handing a faulty parachute to a man who has fallen out of an airplane." Big Steel will now have to prove that a little bit of Government will help it land safely...
...delivered until June 1981, seven people have put down the required $10,000 deposit. American Express offers to let customers place the remainder on their credit cards. Drivers who still do not like to think about m.p.g. but are not up to a gold DeLorean might consider the stainless-steel model. It will cost about...
NONFICTION: Abroad, Paul Fussell American Dreams: Lost and Found. Studs Terkel ∙ China Men. Maxine Hong Kingston ∙ Island Sojourn, Elizabeth Arthur-Lyndon. Merle Miller ∙ The Soul of the Wolf. Michael Fox ∙ Walter Lippmann and the American Century, Ronald Steel...