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The Iron Age 1925-11-19: Vol 116 Iss 21

1925 Reed Business Information US

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THE IRON AGE New York, November 19, 1925 ESTABLISHED 1855 VOL. 116, No. 21 Texas Market Hit by Foreign Steel Amount Imported Is Small in Relation to Total Consumption of State, But the Unfavorable Influence on Domestic Prices Is Marked BY CLARENCE E. WRIGHT* GALVESTON, TEXAS, Nov. 12.—For some time im- perts of. foreign steel at the ports of Galveston and Houston have considerably exceeded those at any other ports in the United States, and the result is that Texas and the Southwest is one of the most difficult sections of the country as a market for American steel. While the total amount of foreign steel coming in is not large in relation to the total consumption of the Southwest, the imported steel has had a disturb- ing effect on prices. Indications are that imports of foreign steel will increase during the next year be- cause of better arrangements that are being made for the distribution of such products as can be brought in cheayly. Warehouse to Handle Foreign Steel Foreign steel was brought in occasionally at Texas ports even before the war, but only within the last *Associate editor THE TRON AGE. rs \ ie Ame iA |) hl * a 7 | ed — ———E_ three or four years has European compet…

Citation

The Iron Age 1925-11-19: Vol 116 Iss 21. Reed Business Information US. 1925.