THE GERMAN STEEL SYNDICATE.

The article focuses on the involvement of leading steel manufacturers in the steel syndicate in Germany in 1904. The syndicate has created the most comprehensive combination in the iron industry and the most powerful of all cartels. Steel manufacturers became members of the Association of Steel Works Owners and became stockholders of the syndicate. With the syndicate, three possible ways of increasing market control emerged including an increase in domestic control over A-products, an extension of power to light steel and the protection of the domestic market from foreign businesses.