Word: zinc
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...list of exceptions included machine tools, electrical equipment, trucks, buses and even nuclear reactors-and compared poorly with the U.S. list which totaled only 8% of dutiable imports. Britain named coal, lead and zinc, plastic products and many cotton textiles in a list that covered 5% of its imports. Austria, Norway, Denmark, Sweden and Switzerland offered to slice all their tariffs in half if other nations reciprocate. And a delegate from Czechoslovakia showed up as the only Communist to offer a number of concessions that would align his country with GATT to a limited extent, thus demonstrating the shifting economic...
...held its own list to less than 10% of the 5,000 items under negotiation. Among its exemptions: steel, lead and zinc, glassware, stainless-steel flatware. Even before adding to the list, Europe's protectionists had called for special protection for their aluminum, textiles, watches and sewing machines. Early this week, after desperate all-night bargaining, the French and their Italian allies gave in a bit, agreed to a list somewhat short of their original demands but much above what the Germans wanted...
...Bureau of Mines, and a living legend; he was known as "the foreign mandarin" with "green eyes" that could pierce the earth. He advised the Russian Czar on the development of his huge mine holdings, made a fortune of his own, mainly on fabulous lead, silver and zinc mines in the jungles of Burma...
Inflationary Flutters. Such strong demand is added temptation for the steel makers to post a long-sought price hike after the election-especially when fears of inflation do not seem to be deterring other industries from raising prices. In the past few weeks, prices have increased for copper, zinc, tin, chemicals, paper and rubber. Viewing all this, and perhaps anxious to test a harbinger of overall rise, U.S. Steel and Inland Steel last week increased by 17% the price of the reinforcing bars widely used in construction...
...have always known that Canada hides a treasure of minerals. But because of high development costs, great distances from markets and erratic transportation, they have exploited that country less than the U.S. Some recent changes now make the effort and expense worthwhile. World prices of copper, lead and zinc have jumped because of political unrest in Chile and Africa. This year also, prospectors struck oil in Alberta, gas in British Columbia and nickel in Manitoba. Geologists estimate the value of the Timmins find at $1 billion, and many of them believe it ultimately will return much more...