STEEL: Busting Out All Over

National Steel Corp., fifth biggest U.S. producer, last week announced plans for a big plant on the Delaware River near Camden, N.J. to add 1,000,000 tons, or 22%, to its capacity. When the new plant and other expansion plans are completed, said National's Board Chairman Ernest T. Weir, the company will turn out 6,500,000 tons of steel a year. For the Camden mill, ore will be brought up the Delaware from the new Quebec-Labrador fields (TIME, Oct. 18, 1948) National is helping to develop.

Weir's new plant will be only 35 miles downriver from the new 1,800,000-ton...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

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