BRITISH IRON, STEEL HAS RECORD YEAR
{British Official Wireress.l (Received 2 p.m.) RUGBY, January 3
The British Iron and Steel Federation, summing up the position of the trade for its end-of-year review', states that the steel industry entered upon 1938 at a record rate of output in the hope of reducing undelivered orders to more normal proportions.
During the current year the industry is to spend a further £10,000,000 on expansion, and work is new proceeding on large projects in South Wales, on the Clyde and in Lincolnshire,
In many ways last year was a record one for the trade. Output of steel ingots and castings increased more than 1,000,000 tons over the 1936 totals. Wages increased by £8,000,000 on the previous year, and the number of employees constituted a record.
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Northern Advocate, 4 January 1938, Page 6
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131BRITISH IRON, STEEL HAS RECORD YEAR Northern Advocate, 4 January 1938, Page 6
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