STEEL SHORTAGE
DUE TO REARMAMENT PLANS MOST OF MAJOR POWERS EFFECTED Pra*» Association —By Telegraph—Copyright LONDON, February 11. (Received February 12, at 1 p.m.) A high official of the British Iron and Steel Federation declares that Britain must get an extra 2,000,000 tons of scrap iron for the year’s production. The shortage of steel, however, is not confined to Britain. The Hnited States, which has exported large quantities of steel to Europe in the past, now needs its entire output to meet home requirements. Paris reports that the reserve of steel stocks has been long exhausted, and Rome reports that the Government is rationing steel. Private consumers have to give place to the requirements of national defence. Berlin reports that constructional activity is held up as the military requirements are taking all the available steel. Brussels says the steel situation is serious owing to a shortage of coke, production declining 20 to 25 per cent. Tokio reports that the Government has suspended the import duty on pig iron and steel, though it means a huge decrease in the Customs revenue.
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Bibliographic details
Evening Star, Issue 22571, 12 February 1937, Page 9
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180STEEL SHORTAGE Evening Star, Issue 22571, 12 February 1937, Page 9
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