FUTURE OF STEEL INDUSTRY.
A novel feature is afoot to reorganise the- steel industry of Great Britain on a national basis. The scheme) is, put forward by the Employers' Federation, and is U> be submitted at the end 1 of August to ft joint conference of representatives of employers and steel-workers. The proposal has been brought forward in consequence- of the depressed condition of the industry. The. aim is to utilise temporarily f*r available eontracts only (he high-efficiency establishments in the country for particular classe-s of goods, to lie aligned ten each according to suitability of plant. The low-erKcieney establishments (says the Daily Record), on the other hand, are to be closed down. This arrangement, it is contended, would cheapen- the cost of production and increase the tdtal volume of business coining to Britain.
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Bibliographic details
Poverty Bay Herald, Volume XLVIII, Issue 15956, 18 October 1922, Page 3
Word Count
134FUTURE OF STEEL INDUSTRY. Poverty Bay Herald, Volume XLVIII, Issue 15956, 18 October 1922, Page 3
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