Industries and Iron Volume 8

Industries and Iron Volume 8

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1890 edition. Excerpt: ...has been no improvement in the outlook for the iron trade during the past week. Consumers are not inclined to take more than is absolutely necessary while the market is in its present unsettled condition, and producers are finding the cost of manufacturing continually increasing. A continuation of the present condition of afi'airs will send rices below the paying point, while a moderate deman _woul_d very likely to send them up again. But little is doing in pig iron, as neither buyers nor sellers are willing to name figures on good-sized lots or for later delivery that are at all near the market. Several of the heavier consumers will need iron soon, but it is doubtful whether they will take more than sufficient to cover present needs. In manufactured iron matters are in about the same condition. In bar iron a few large orders have made the demand a little heavier, but prices are unchanged. A number of mills are running out their old orders, and are becoming anxious for new business. The demand for plates is fair, but prices are falling off. Makers claim that there is plenty of business for the near future. Steel rails are dull. There is considerable unwillingness to pay the high rices asked for large lots, and buyers continue to make t eir contracts only for their month's supply. Mills have plenty of other work on hand, and can afford to wait. A Liinon S'rei-:1. Ou-rit"r.-'l'he Scranton Steel Works last week exceeded the record in America in the manufacture of steel ingots by 414 tons with two 6.;-ton converters, the total output being 5,456 tons against the previous run of the Lackawanna Iron and Coal Company's output of 5,042 tons with two 7-ton converters. The company also record the largest turn and day record during..."show more

Product details

  • Paperback | 1176 pages
  • 189 x 246 x 58mm | 2,050g
  • United States
  • English
  • black & white illustrations
  • 123696683X
  • 9781236966834