AUSTRALIAN IRON AND STEEL.

Auckland Star, Volume LX, Issue 19, 23 January 1929, Page 4

AUSTRALIAN IRON AND STEEL.

A progress report by the Australian Iron and Steel, Ltd., states that the company's sales for the three months to November last constituted a record. This improvement, the company states, together with further extensions to inter-State markets, and reduced manufacturing costs when the Fort Kembla steel units and pipe shops are in operation, promises well for the *U™ of the undertaking. A shipment ot 4074 tons, portion of the special rolling mri-1 Plant has been unloaded at Port llembla. The remainder of the plant, with other machinery and tools, which has been purchased abroad, should arrive at Port Kembla about mid-March. These freight arrangements, with specially-chartered steamers, it is stated, have effected considerable economy in the dismantling and transportation of the mill plant. The blast urna.ee at Port Kembla, which has been in operation since August, is exppprH.w expectations The directors are'confident T .„„ ? e ■ rolh ¥ m,H Bteel furnaces, De Lavaud pipe shop, etc., which are being proceeded with, will give similar reiuta? Ihe steelworks and collieries at Lithgow Pipe shops at Sydney, and other unit* of the industry are working satisfactoi i y