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Show STEEL CORPORATION HAS A COMPETITOR By Associated Prsss. NEW YORK. Nov. 28. Representatives Representa-tives of twenty-eight steel companies meeting here took first steps toward the formation, under the WVhb-Pomer-ene export att, of an export corporation corpora-tion which, it is reported, will compete for European business with the L'nited Mates Uteel Products company, the export subsidiary of the U lifted States ISteel corporation. The new organisation. It la said, will be capitalised Initially at $10,000,004 and la rre oa red to co as far as build- fin its own ships If It Is found that . thie Is permitted under the Webb-Pomerene Webb-Pomerene act. |