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The article reports on how McLouth Steel Corp. president Merlin A. Cudlip has managed the company's borrowed 105 million U.S. dollars. The factors that have kept the company financially healthy include its record of regular debt repayments and its stainless steel production, 73% of which go to the auto industry, which also takes about 80% of its carbon steel production. McLouth's sales in 1955 hit a record 145 million U.S. dollars. The author says part of the proceeds from the heavy loan went to build the first oxygen converter in the U.S.

The article offers information on various regulations on materials and price-control issued by defense agencies in the U.S. It states that amended regulations exclude plain carbon steel in the list of items which prohibits the Class B high-speed steel, revoke the order that controls the use and manufacture of glass containers, remove wetting controls on some skins and hides including horsehides, deerskins and domestic goatskins, and exempt rare, old whiskeys from price control.

The article offers information on the market of 18-8 stainless steel in the U.S. Topics discussed include strong and resistant to corrosion and thinner sections of metal than sheets and beams of aluminum or carbon steel; shotweld as applied to the fabrication of 18-8 stainless steel; and mild steel alloy with high-tensile alloy twice as strong as carbon steel.

The article offers information on the new federal regulations affecting priorities, price control and transportation in the U.S. They include the order controlling alloy iron and alloy steel. The War Production Board (WPB) has taken it complete control over the production and delivery of carbon steel due the amendment made. Another regulation cited is the one on the production of pens and pencils particularly the fountain pens, mechanical pencils and wood cased pencils.

The article discusses how steel prices will be affected by the steel industry's move to add extra charges for carbon steel in the U.S. There is a base price to create and shape steel. There are also extra charges to get the steel into precise condition in which the customer needs it. Customers pay extra charges for the precise specifications for different steel compositions.

The article offers an update on industrial issues in the U.S. as of November 1951. Business activity is expected to grow at a record rate in January 1952 particularly in manufacturing. The National Production Authority (NPA) is predicting that the aluminum shortage will end by late 1952. The allotment of carbon steel of the Prefabricated Metal Building Industry Advisory Committee for the fourth quarter is only 78,000 tons, which is lower than the third-quarter allocation of 125,000 tons.

The article discusses federal rules and legislation that affect the business sector in the U.S. The War Production Board (WPB) has ordered the allocation of all galvanized sheet output to some producers in order not to affect the total production due to climate. It has established a compulsory simplification rules on the production of electric motor controllers in order to save about 12,000 tons of carbon steel. The conservation order for tungsten was revised to eliminate exemptions.

The article reports on the indictment have been charged to the eight major steelmakers for price-fixing of the industry's basic products which are the carbon sheet steel. It states that the case is one of the most important ever launched by the Justice Department as carbon sheet steel is one of the main underpinnings of U.S. life. Other grand jury activity has resulted in the eight indictments of steel companies in which they are charged of price-fixing the relatively minor products.

The article reports on a survey according to which there is adequate supply of alloy steel unlike the carbon steel in the U.S. It states that the reasons for increased supply of alloy steel includes increase in the melting capacity, plentiful supply of alloy scrap and increase of the alloy making know-how. It states that new uses of production have increased alloy steel especially stainless steel. It states that due to the price of alloy steel it would not be able to substitute carbon steel.

The article offers U.S. political, business, and economic news briefs as of September 1 1950. The Office of Industry and Commerce is about to regain control over the export of carbon steel products. After the government has purchased 1950 sugar crop of Cuba no shortages of sugar industry goods are expected in 1951 in the U.S. President Harry Truman is trying to secure the votes of the Catholics for the U.S. Senate election on November 7, 1950.

The article offers information related to the intention of U.S. Lease-Lend Administrator to disapprove a project to export high-carbon steel to Great Britain for being manufactured into fish hooks for re-export to the U.S. It also highlights the response of the U.S. firms involved in fishhook manufacturing on the issue.

The article reports on the threat posed by the expensive line of garden tools made up of a stainless razor from the British company Wilkinson Sword Ltd. to U.S. blade makers. The company has captured 15 percent of the British blade market, while the U.S. company Gillette Co. has a 75 percent share. The advantages of the steel blade over the carbon steel blade include longevity and its being corrosion-free.

The article focuses on the price cuts implemented for foreign steel in U.S. coastal markets. About 10% reduction was made by Oregon Steel Mills Inc. in its limited line of bars and standard structurals. To meet foreign competition, Atlantic Steel Co. has reduced prices on common nails. Standard pipe is being pressured by the level of domestic orders, inventory and foreign competition. Integrated carbon steel producers have given up price-cutting as a way to build domestic business.

The article focuses on the business condition of steel industry in the U.S. in which carbon steel plays a major role in the industry's total shipments.

The article reveals that Bethlehem Steel Corp.'s plans to raise its prices on carbon steel plates and other structural steel shapes on March 1, 1971 could lead to an increased importation of steel by domestic mills. U.S. President Richard Nixon ordered a review of the price increase and reminded the industry about the import-restraint program adopted by foreign companies. It adds that the steel company is raising its prices in preparation for negotiations with steelworkers and to cover new costs in meeting stockpiling needs.

The article reports on the public criticism against higher prices for carbon semifinished steel in February 1948. According to U.S. Steel and Republic, the reason behind the increase in prices is that past cost had resulted in semifinished products being sold at a gross loss. Large producers of carbon semifinished steel revised their technique of pricing from a gross-ton to a net-ton basis. The new technique had been considered suitable for several years to facilitate statistical and accounting procedures.

The article reports on the decision of Rotary Electric Steel Co. to cut the price of cold-drawn carbon steel bars in Detroit, Michigan, in March 1937.

The article reports on the increase in prices of steel in the U.S. in May 1953. The rise is focused on extras, or charges added on base prices for the special processing of products such as carbon steel rails and bars. Fabricators' concerns about whether steel had a responsibility to hold the line on prices in the face of freedom from price controls are explored. Observations that the steel price increase makes it more difficult to cut prices of commodities are also discussed.

The article announces the decision of the U.S. National Production Authority to ease its previous announcement of imposing a Defense Order (DO) priority system by claiming that no company are obliged to take DO priorities in any one month for more than 15% of its carbon steel capacity, or 25% of its special alloy steel. The agency thought that the system might overload some companies with arms orders, delay deliveries, and bring unequal civilian shortages.

The article reports on the move of War Production Board (WPB) to cut down allocations for civilian as demands of Army increase. It states that the inflation in steel orders has been launched at the first quarter allotment of 114.6% of the estimated supply and WPB tickets of additional 870,000 tons. Moreover, it notes that during the second quarter, the Army was awarded 4,250,000 tons of carbon steel.

The article reports on the 125,000 ton of carbon steel allotment for civilian production of goods for the fourth quarter of 1943 by the U.S. War Production Board's (WPB) Office of Civilian Requirements (OCR).

The article offers information on several latest products in the U.S. It states that the Higgins Inc. introduced its aluminum boat which is designed to carry up to 30 passengers in rough waters at speed of 40 miles per hour (mph). It also mentions the upholstered furniture line composed of sofas, lounge chairs and love seats from Simmons Co. Moreover, the Buckbee Mears Co. launched its Steelie steel sander, a sandpaper-based material made of hardened carbon-steel sheets for abrasive materials.