METALS: Outlook

If the 1945 demand for metals for the stepped-up armament program is as large as seems likely, most producers face their hardest year since hectic 1942. Last week WPB, in a metal forecast for the year, explained why.

Steel. The overall need for finished steel may not exceed the estimated 62 million tons produced in 1944, but war's demand for shell billets, for wire rope, communications wire and castings will cut deep into mill production schedules for rails, structural steel, tubes and pipe. Large new orders for steel landing mats, plus pressure on...

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