The Archive · 1937

U.S. ENJOYS IRE STEEL BOOM

Wars and Disturbances Put Prices Climbing High Washington, Sept. 7.

The Department of Commerce today revealed that current world woheavals were booming scrap iron and steel exports toward World War levels.

During the first seven months of this year, exports of scrap iron and steel totalled 2,600,707 tons, valued at $51,957,619, representing increases of 105 per cent, in quantity and 234.9 per cent. in value, over the capresponding period in 1936, despite the fact that exports in July were considerably lower than during the preceding months.

July exports of semi-finished iron and steel products totalled 461,391 tons, valued at $26,489, which was only 60,987 tons under the monthly average for 1917.

Fixports of semi-finished iron and

Text read from the printed page and cleaned; old type leaves the occasional error.

Your account