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Show U. S. TO RETAIN CONTROL OF STEEL NEW YORK. Nov. 30. All Indications pointed this week toward the discontinuance discontin-uance of government regulations of the iron and steel industry at the end of the year. Abandonment of allocations as of today's date and modification of export restrictions, following the rescinding of priority ratings, have already established estab-lished a virtual market except for price control. Maximum prices will be extended, ex-tended, it is understood, only if producers who meet the war industries board on December 11 are able to show conclusively conclu-sively that they are needed. Notwithstanding the run of business has been small, the largest interests re-nort re-nort heavier bookings fo far this month than in the same period of October. Cancellation Can-cellation of government business is developing de-veloping chiefly in the form of suspension suspen-sion of orders. Domestic inquiry is largely large-ly from jobbers and automobile manufacturers. manu-facturers. The chief demand for .iron is for export. The copper market Is Inactive, waiting further light oil the future of regulation. Producers are holding for the maximum price, which is shaded only on casting copper. Lead is unchangfed. Spelter continues firm. Plenty of tin is offering, but buyers buy-ers are lacking1. The spot prices ranges nominally from 70 to 71 cents. |