ECONOMICS: Healthy Steel

Whatever else is ailing in Europe, the steel business is in good health. The Continent's production hit 109 million metric tons in 1952. an alltime peak, the U.N.'s Economic Commission for Europe reported last week. Western Europe turned out nearly 58% of that amount. However, the Iron Curtain lands are coming up fast; in 1952 their production is said to have risen 14%, while the West's rose 8%. Britain, with 16.4 million metric tons, is still the largest steel producer in Western Europe, and gained nearly a million metric tons. Together, the U.S. (85 million metric tons in 1952)...

Want the full story?

Subscribe Now

Subscribe
Subscribe

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 TIME.com

Learn more about the benefits of being a TIME subscriber

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