| OCR Text |
Show 167 A similar situation exists at the capacity in the West approximates present time. 589,600 present steel capacity of around six million still exists between the sent average includes of the for all steel price price price increases aluminUm of $380 end of 1951. 103 even though light metals uses', their major impact nature leading magnesium of logical to seem serve as a the steel to a $490 spread The pre- 58 per net ton, by which the price for per net ton at the conclude, that substitute for steel in many iBdustry is of a complementary to increased markets for steel and steel 101Light In strtute , $115. metals I A wide and, steel. This compares with it would on 101 net tons. metals is. compared after the recent steel strike per net ton, and for Therefore: the products granted Office of Price Stabilization. 102 light net tons Light products. Metals I capacity estimates from' the Stanford Research Handbook, OPe cit., Section IV -C, aluminum capacity now under construction), and issues Western Resources (which includes new of Western Metals (see 10luSteel footnotes 95-97, Prices," 103Iron Age, Vol. above), The Wall Street also see Table 17. Journal, August 9, 1952. 169, No.1 (January 2, 1952), pp. 415 and 421. |
