SHORTAGE OF STEEL
OUTLOOK IN EUROPE
BRITAIN WANTS SUPPTjY
EXTRA 2,000,000 TONS
(Elcc. Tel. Copyright—Unitod Press Assn.) (Reed. Feb. 12. 1.0- p.m.) L()\I)OX ; . Peh. .11. A high official of the British Iron and Steel Federation de.-lares thaf Britain must tipf, an extra 2.0C0.000 tons of scrap iron for the year's production. The shortage of steel, however, is not confined to Britain. The United States, which have exported' largo quantities ol sleel 1,0 Europe ill the past llo\v Uvfth the entire output to meet the home requirements. Paris reports thai ihe French rc-rr\t< of sleel stocks has lor long heen oxhaustcd. Koine reports thai the Italian Government is rationing steel and private consumers have to give place to the requirements of national defence. Berlin reports that- eonstrinlional activity is held u]) as the military requirements arc taking all the available steel. Brussels says that the steel situation is serious owing to the shortage of coke and production is declining by 20 to 25 pur cent.
Tokio reports that the Japanese Goveminent has suspended the import duty on pig iron and steel though this means a huge decrease in the customs, revenue.
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Bibliographic details
Poverty Bay Herald, Volume LXIV, Issue 19247, 12 February 1937, Page 6
Word Count
190SHORTAGE OF STEEL Poverty Bay Herald, Volume LXIV, Issue 19247, 12 February 1937, Page 6
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