ARMAMENT: Double Order

How much can the steel industry boost its capacity in the next two years? Commerce Secretary Charles Sawyer put the question to steelmen three weeks ago. This week, Sawyer had his answer: the steel industry not only could but would increase capacity by 9,400,000 tons by the end of 1952, making a total capacity of 109,963,000 tons. Even before the news from Sawyer went out, two steel companies showed that they meant business. U.S. Steel Corp. announced plans to boost capacity of its Tennessee Coal, Iron & Railroad Co. by 500,000 tons (to 3,350,000) within the next two years,...

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