The sun., 1919-08-14
British Get Lorraine Iron.

again Lorraine basic pig iron has
figured in the British market, having
sold at 1858, or about 1850, al scot"
tIsh port, or considerably less than the
delivered price Of American iron Goa
output in Great Britain has fallen on
nearly so per cent since mid-Juiy. n
some blast furnaces in Wales and in the
Nudlands have been forced to bank.
steel prices in England have advanced
IS. to eos. a ton.
I'm recent sales of $4,000 tons of basic
iron In northern Ohio to two consumers
a concession of 81 a ton was made, a
| deal for steel being involved on another
lot SOC. below the regular price was
done.
THE Carnegie Steel Company Is
operating forty-six of its hfty-nine blast
furnaces, 81 per cent. Of its ingot ca
racity and so to IS per e Of finishing
capacity. In the Chicago district Gary
and South Chicago are operating put
four blast each. steel plant
| operations are much reduced. and plate
| mills. sheet mills and rail mills are shut
| down. all due to the railroad shopmen 5
| strike. Independent mills there are still
unning. At Cleveland, where recogni-
| ten of a local union is one demand the
American Steel and Wire Companys
| blast furnaces and steel works are idle.
THE bulk Of 5000 tons OF plates
| bought by the Pennsylvania Railroad
was put through at assoc, but the fun
| price Of 2.65c. was charged for lighter
! gauges. Four mills divided the 1000
| tons bought by the Baldwin Locomotive
Works for the $50 locomotives for
1 Poland.
exporters ind some indications that
| mills incline to domestic business as the
| volume increases. Yet repeat orders are
| coming here from some countries which
would buy British steel II on anything
like wen terms"
Ferromanganese Trade Is Hit.
The American ferromanganese ndus-
try" says the Iron Trade Rer1etc,
which for the first time was reared
on a large and substantial basis during
the war and which vas one OF the main
stays of the steel industry in enabling
the latter to produce the tremendous
t~onnages required for prosecuting the
war, is meeting with serious setbacks
now as a result OF competition from
abroad. Ferromanganese prices have
gone much below 1t actually costs
to produce this alloy.
Domestic ferromanganese makers
charged OF a heavy loss on ore bought
at higher prices before the end Of the
war and delivered since. English ferro-
manganese makers, who for some. weeks
Lad been offering their product in
America at sos a ton. cost, Insurance.
and freight Atlantic ports, have booked
large lower during the last
week. One English maker says that the
producers in England have large ton
nages to dispose of and that the matter
OF a few dollars a ton more or less will
not be much OF a consideration.
Domestic ferromanganese maker
! nave advocated the establishing of 9
Is per cent. ad valorem duty on imports
However. the domestic manganese ora
producers also are asking for a duty or
Gre, so that the duty on f-erromanganess
to a large extent would be nullihed by
the duty which would have to be paid or
the ore imported.
weakness in this direction, however
IL offset by our growing export trade In
steel One big order In the market II
for 10000 tons OF steel for additions q
the Tata Iron and Steel Company o.
India"