ported and Public to Factory Owners, Shortly, I am informed, the central steel organization will request manu iucturers and traders in all parts of the country to intensify a clearance of serap iron and steel from factories, workshops, sheds and yards, says a correspondent in "The Financial News."
The statistical position of raw material in the British iron and steel industry is strong, but it is felt that. every possible safeguard should be taken to secure the future. The steel leaders apparently take the view that large-scale process and obsolete serap, such as that returned by the metal-working and shipbreaking and dismantling industries, can safely be left to the merchant system, "at least for the time being. This section was recently conceded certain small upward price adjustments, together with an additional merchants' allowance of 2% per cent.
Text read from the printed page and cleaned; old type leaves the occasional error.