SCRAP IRON DEMAND

New Zealand Herald, Volume LXXI, Issue 21807, 23 May 1934, Page 12

SCRAP IRON DEMAND

EXPORT TO JAPAN ABOUT 30,0C0 TONS LAST YEAR FURTHER SHIPMENT PLANNED [BY TEIjEORAFJf—OWN* CORItKSPOXDKXT] WELLINGTON, Tuesday Within the next two months it is likely that more scrap metal will be exported from New Zealand to Japan. It is understood that arrangements for the shipment of the metal are now being completed in Australia. As" there has been no export of scrap metal from New Zealand since last November, a largo Quantity of derelict iron has accumulated. The hulk Ganymede, which was towed across to Nelson by the Titoki on Sunday, is to be broken up and sold for scrap iron, having been bought by a Nelson syndicate which intends to ship the iron to Japan. The Nankwa Maru, which was the last ship to load scrap metal for the East, was obliged to leave a portion of her cargo in the Dominion, and it is still here. While the vessel was on the coast last November, another Japanese ship, the Meiko Maru, also called here, the intention being that she should also load scrap iron. There was not sufficient metal, however, to fill both ships, and the Meiko Maru sailed without loading. The Nankwa Maru, which left Wellington last November for Iwato with about 5000 tons of scrap iron on board, was the fifth ship to load scrap iron for Japan in 12 months. In all, about 30,000 tons of metal were exported from this country to Japan last year, and this was worth more than £1 per ton to the sellers. The Ganyniedo, which is now in Nelson, was at one time a well-known iron barquo of 569 tons gross. She contains a great deal of useful metal, and this will be stripped from her hull within tho next month or two.