Salt Lake Tribune | 1919-05-25 | Page 32 | Weekly Metal Review

! Weekly Metal Eeview. ! NEW YOKK, May 24. The pat week has seen what prcdurors consider a hf-althy improvement in the iron and frtewl Industry. From a inrlt;t ioint of view, there lias been material gain filnco the industrial board relinquished its cortrol over the Industry. The most hopeful siprn sc.-en Irero is the increase In the number num-ber of orders for steel and iron products. In steel there is (-nici to be a, brisk demand de-mand for bars, sheets, -wire products and nil country floods. structural at eel is picking' up, and the April booking's amount to 43,800 tons, or 2-i''2 per ce-nt of tho country's total, compared with l"t in March and much smaller totals in February Febru-ary and January. The pijr iron situation is reported to be considers bly improved. Tlie demand from consumers who now no longer look, for lower prices in the immediate future lias picked up somewhat, and, in addition, addi-tion, there arc many more inquiries call-ins: call-ins: for delivery in the second haif of the cunent year. The rokti market is stronger on decreased production, and the consumption con-sumption is aimst uip to the output. Prices in iron and steel ore jronerally firm, although there are a few isolated In-in In-in stances where iron prices have been I shaded. Tho demand for copper duriruy the last two or three days has teen reported less. -"rices are si Ml firm, however, and producers pro-ducers ar.d sellers are confident that tho market will improve- before on- -The ran ire today is around lGVi to 16 ;i centj per pound. The lead market here is firm, the leading lead-ing interest piotlng- 5.25 cenie pt.r pound, compared with 5.10 cents per pound, New . York, more than a week 114x0. The mar-I mar-I ket for Fpe'ter is likewise firm, and the I best price fr prompt is anmnd 6 . i t cents ' per pound. Kant St. Louis shipment. The 'tin market continues to be controlled by , Li: e war trade lourd.