GALVANISED IRON

New Zealand Times, Volume XLVI, Issue 10508, 9 February 1920, Page 4

GALVANISED IRON

PBICE WILL REMAIN HIGH. The price of galvanised iron is not likely to decline, judging by a report from* the British Department of Overseas Trade. This states: “The total, experts of galvanised sheets from the United .Kingdom for the first nino months of 1919, amounted to 109,089 tons, having a value of £3,569,539 while the figures for the corresponding 'period of 1913 were 561,637 tons and £?,’737,310. The position of this trade to-day is that, while productive capacity remains very much what it was before the war, manufacturers have been unable, owing to difficulties mainly connected with labour, to approach their pi e-war output. Tho situation has been aggravated by the recent railway strike, winch necessitated the closing down of most of the mills, and it will take, some time to clear oil the arrears of business. Practically all works are fully booked with orders until the end of the year, and, with only one or two works now quoting, the price ruling is very firm at £33 per ton, minimum for 34-gauge corrugatedsheets in bundles.”