Business & Finance: Steel Costs

Competition in the steel business is such that all producers are straining every nerve to slash production costs as never before in the history of the industry.

For many years U. S. steel makers have largely disregarded their waste products. Meanwhile German steel manufacturers have largely compensated themselves for their inferior supplies of raw materials and their smaller ordinary output, by utilizing to the limit all waste products of steel making. Now U. S. companies are following suit in a manner resembling that followed by Chicago packers with meat products years ago.

U....

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!