New Britain herald., 1920-01-15
PIG IRON AND
 STEEL MARKETS
The Iron A ge says:

1 iiC AEoIl -tSt SttA
 l The steel market is giving new evi- ] dence of the large volume of unsat- ] isfed demand and of the advancing l tendency in all products, in spite ot 1 the Steel Corporations large sales at ! It's begged prices. The great gain of ! l, l3 !,UOO tons in the corporal ion $ unhlled orders in December is in con- l 1last With the situation with most in- dependent com mpanies. Some of the latter still refrain from quoting be Nond the first quarter. SO that the be- lief that the industry as a whole is booked far ahead is in error
 The calling off of the steel strike means some improvement in labor supply. but nothing marked ;ts tL good many workers weeks ago found other places, while not a few of the bitter enders will fail to get back. The
 Bellaire, Ohio, plant of the Carnegie
 Steel Co., idle for nearly four months
 has started up.
 The rail situation is still interesting.
 At Chicago 10000 tons for the santa
 F'e and 10000 tons for the Great
 W estern vii probably be put on the
 books this week, and the Chicago X
 Eastern Illinois has reserved 10000
 tons. The Burlington has taken 5000
 tons ot tie plates. Canadian roads
 have made heavy purchases and the 500 mill on present bookings will be kept busy all year.
 1n equipment the New York Gen. tral has let contracts for the repair of
 fo0O cars involving 0,000 to 45,000 tons of plates. shapes and bars; the Gulf Refining Co. has ordered between 1,2o0 and 1,500 tank cars. taking ttp- ward of 4,000 tons of steel: the Pull Co will hJliIJ c1n requiring 12,5o0 tons.~ and the St: Paul plans building cars in it's own shops at the rate of 55 a day.
 Eastern plate mills have had be- fore them in the past week no less than 2oO,oO0 tons in inquiries, 150.- 900 tons being for shipbuilding and the remainder largely for oil tanks and boilers.
 An advance of s5 per ton in plates and shapes has been made by one Chicago interest, and Pittsburgh re- ports that three or four makers of tubular products are asking $10 a ton more. Sales of slabs. sheet bars and forging biilets represent late ad- vance of about $2.
 Some motor companies have been able to pick up lots of sheet bars which they are having rolled into sheets to eke out deliveries by sheet mills. Leading automobile makers now say that he supply of sheets will be the one limiting factor in their industry i'll 1920.
 More cast iron pipe lettings are coming up, including 900 tons on which Detroit will receive bids Jan. 16. E1yria. Ohio. was in the market for. 5000 to 1000 tons, but instead bought steel pipe. There is no let-up in the upward of British prices, and all lines of sfeel~ generally are 2-~to over s9 Gin the case of galvanized sheets) higher than a week ago, with tin plates for delivery in the first half no less than S11 50 a box, figured at to- days exchange. The protracted mold ers' strike is not yet settled and fresh railroad troubles in England are 1 brewing. On 2,O0O tons of galvanized sheets for steel mill construction in India, British prices a month ago were below American, but sharp ad= l yances in the British market in the ] past fortnight will throw this busi- 1 ness to American mills. 1