Word: steelmen
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Dates: during 1940-1949
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...from capacity to under 70%, is still heading down to the rate of current sales-about 45%. Ford last week bought 25,000 new tons (mostly of odd specifications) for only minor price concessions. But other big steel customers, sitting on ample inventories, were unfeazed, are trying to put steelmen over the barrel before reordering. Steel swings 18% of the Federal Reserve Production index...