Word: youngstowns
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...half, the mills melted well over 2,000,000 tons a week, raising the industry's operating rate to 70.1% of capacity. Production is up 68% from last July, and new orders are running at their heaviest rate in more than a year. To meet the new demand, Youngstown Sheet & Tube relit three ironmaking blast furnaces and nine steelmaking open hearths. Chicago's Inland Steel recalled 1,500 workers from long layoffs. Outside Pittsburgh, U.S. Steel reopened its obsolescent Edgar Thomson Works, usually one of the last to resume production during a pickup...
...Youngstown Sheet & Tube...
...Youngstown Sheet & Tube has been chopping costs for years by automating rolling mills, using oxygen and the highest iron-content ores to speed up its furnaces, and finally, says President A. S. Glossbrenner, "all our efforts seemed to have clicked...
...JOHN PH. PIETRA Barnabite Fathers Seminary Youngstown...
...Sounding a sour note that is likely to be echoed by some other steel producers, YOUNGSTOWN SHEET & TUBE reported that its second-quarter earnings were down to $1.28 per share from $1.32 per share a year...