Show METAL MARKET DEMANDS Steel and Copper Sluggish Tin Higher NEW YORK Dec 3 The The volume of ot new business in steel Is small smal and producers producers pro pro- are hardly maintaining their average average average aver aver- age production of 50 per cent of or capacity Buyers continue to limit purchases to conform with their Immediate needs and the outlook for an enlargement of operations operations oper oper- during the coming month Is rot not ot particularly encouraging There are large orders In prospect however as the railroads railroads rail rail- rai- rai roads are expected to buy heavily while leading oil 01 companies will wi be In the mar mar- ket leet for pipe and constructive steel and with this business pending prices are steadily hed Pig PIg Iron is steady with wih a fair trade In small smal lots In copper there has been a less active demand during the time week and it Is reported report report- ed representatives of South American companies have been offering metal for shipment over the second quarter of next year with prices slightly below the views of leading democratic producers So far the latter later have shown little disposition to shade quotations of a 13 to 14 1 cents and It Is believed that the statistical position post post- tion ton is still sti Improving There probably has been some slight increase In the production production pro pro- ducton of United States smelters and Imports have been larger but the authorities authorities author author- ies estimate that there will wi be further reduction of about in the average average average aver aver- age supply of refined copper last month Lead has been steady and unchanged here but higher in the West Vest Demand continues con conS satisfactory Tin Is higher on the sharp rise In e exchange ex ox- change which has been stimulated In demand de de- de- de mand Stocks are ara decreasing and American American Ameri Amen can deliveries of foreign tin tn show an in In- In crease Zinc interests report a light de demand demand demand de- de mand from consumers blowing to the small smal output and light offerings producers expect an advance There is some In Inquiry inquiry in- in for first quarter of 1922 but buyers find prices too high Antimony quiet but steady |