Full Steel Production
The New Zealand Steel Company’s plants would be in full production by the end of this year—the commissioning of the plants was proceeding at a rate that compared favourably with plants com-
missioned overseas, said the general manager, Mr J. H. Ingram, of Auckland, in an interview in Christchurch. The company would supply all New Zealand’s requirements in wire rod and for reinforcing bars and merchants’ bars. The surplus would be exported. The company would use 20 per cent of scrap and would use 80 per cent of pellets from the iron sands. Sufficient scrap was available in New Zealand. Galvanised sheets and billets were selling at a lower price than they could be imported, and the domestic price of the products in New Zealand was cheaper than the domestic prices in Australia and the United Kingdom, said Mr Ingram. The quality of the company’s products was good, and compared well with those produced overseas.
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Bibliographic details
Press, Volume CX, Issue 32352, 18 July 1970, Page 9
Word Count
158Full Steel Production Press, Volume CX, Issue 32352, 18 July 1970, Page 9
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