Show I STEEL SITUATION NOW UN VIEWED WITH OPTIMISM Ne New York cork March 29 The Tho Tho steel In Industry Industry In- In ha has had hall a tow fow da days das a in which f to digest the new price scale scalo carr carrying reductions reductions ran g Ing from tram 6 5 to 10 a n. aton aton ton on different Items hems and some Homo progress progress ress res is being reached In tho the matter of at bool booking orders Tho The situation is isIc viewed Ic cJ with midi optimism and leading producers predict that within the next week or two new bookings will A increase mate mate- Xo No o government orders for tor o have as yet jet ct been booked b by departments departments departments depart depart- ments at nt Washington although then the tho navy y n will ill on April t I receive postponed bids on steel for lor some somo new battleships Progress In tho the structural l field Is believed be- be lie ed to depend lar largely oly on tho the outcome outcome outcome out out- come of or present parleys between tho the Industrial bo board rJ and producers of or bullIn building building build bull ing In material The pig Iron situation la ls lanot not nut viewed with as much optimism as asIs asis asis is tho case In steel and no bookings in tho the former fonner industry have been blen made Tho The coke market is steady at tho the low prices realized after arter the tho termination of or government go control No change was made mado at the steel meeting concerning coke Copper has shown considerable improvement Improvement Im Im- provement recently During tho the last days ays of at last week the bu buyers wore were particularly particularly par par- active and some fome largo orders were ere received Tho The sellers have o gained control of or tho the market and the range rang now covers 15 on tho part of ot tho tiro small Interests to H 15 b by tho the largo large producers During Durin the past day or two there thero has hasI been a n. slight Blight decline in tho number of or orders placed ce but this fact tact is attributed attributed attributed at at- more moro to the tho exhaustion of or some of at the tho low priced copper rather than to a n lick lack of interest on tho the part of the bu buyers era |