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The Iron Age 1925-06-11: Vol 115 Iss 24

1925 Reed Business Information US

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THE IRON AGE New York. June 11, 1925 ESTABLISHED 1855 VOL 115, No. 24 a Less Foundry Iron Being Melted Per Capita Consumption Now Smaller Than Before the War—Unbalanced Output and Consump- tion, Not Excess Production, the Cause BY LLOYD H T is generally recog- nized that conditions in the iron and steel trade are not what they should be and that, rela- tively, they are not so good as in other major in- dustries. Particularly is this noticeable in foundry iron. General opinion at- tributes this to an over- production in this grade of iron. as great. present In seeking the true cause and if possible to suggest a remedy, the writer has interviewed a number of the leading merchant producers of pig iron, as well as sales agents, and a number of consumers. He also has compiled statistics cover- ing production, consump- tion and prices in the past 15 years, using the statis- tics of the American Iron and Steel Institute for ton- nages and THE IRON AGE for prices. Without pre- senting tabulations in detail, the study involved the compilation of high, low and average prices by months on foundry iron at Philadelphia, foundry iron at Buf- falo and the composite pig iron price published by THE…

Citation

The Iron Age 1925-06-11: Vol 115 Iss 24. Reed Business Information US. 1925.