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Show Quota no help to steel industry, study finds Geneva could close Continued f.otn pose 1 wide is apparently having much the same problem. It expects to report a decline in third quarter and profits and has cut steel shipment forecasts for the 6 million tons year from 3 million. The down to company is also completing a review of its 45,000 administration jobs which could result in a five to ten percent reduction. The reasons are full-ye- 95-9- 92-9- ar distance from major markets He on the west coast. explained the works was built in 1942 during World War 11 to provide plate steel for the west coast from a spot far enough away so as not to be In vulnerable to attack. a such said he peacetime, location would never have Most steel been chosen. plants arc near the major markets or deep water. flat steel demand and foreign competition. Bigler said Geneva em- ployees have been campaigning the last dozen years or so to keep the works competitive but to save it in the future, some relief from the federal government against foreign competition would be needed. Bigler noted another competitive disadvantage the Geneva works faces is its The U.S. steel industry suffers from a weak competitive position in world markets and remains a source of serious inflationary pressures," said a report issued Friday by the Council on Wage and Price Stability. e The report to the President on prices and costs in the U.S. steel industry will likely be widely discussed in coming weeks as Congress and the Carter Administration grapple with the sagging steel 100-pag- industrys request for restric- tions on steel imports and for other changes in government policy. In what is likely to be its controversial finding, the report argues that a reduction in steel imports through tariffs or quotas wouldnt significantly improve the domestic industry's most unless it resulted in higher prices for economic position" U.S. mills. The study argues that even if an import curb resulted in increased domestic production, the percentage impact on domestic output and employment would be small and the fall in unit costs from higher volumes would be modest." The report said, however, the financial position of the industry would be if the reduced improved import competition allowed them to increase prices." The report points out as well that the cost of meeting environmental standards is likely to rise significantly" in coming years. Moreover, it argues the manner in which these standards are set and enforced provides a strong disincentive against The delicious MD MEAL Bar The MD MEAL Weight Control Program, little in the business! Fat-Fight- More news. ..more sports... more business reports, more interesting features' than any Salt Lake radio station. The news is alway 3 on mmi .! i! i 1 .s 'n 1 ? the best er NO DRUGS NO DUES OR FEES GET VITAMINS AND MINERALS GET BALANCED NUTRITION GET NATURAL INGREDIENTS SAVE MONEY AT 25 $ PER SERVING NO MILKSHAKES NO HUNGER PANGS GET WEIGHT AND INCH LOSS MAINTAIN WEIGHT LOSS ENJOY EATING REGULAR FOODS EAT only PART OF THE MD MEAL BAR CONVENIENT FOR POCKET, PURSE OR LUNCHBOX. FOR NUTRITION-CONSCIOUBUSY, people. GREAT FOR HOUSEWIVES. VACATIONERS, SPORTSMEN, BUSINESSMEN, TEENAGERS AND SCHOOL CHILDREN. IDEAL S, ON-THE-- AVAILABLE at DEALERS and STORES For information Call 486-434-4 (801) -- . In the sometimes eclectic world of advertising it is vitally important to make To market, to market sure your sales message is neither wasted nor short changed. When you pick a communication medium, one of the most consequential questions you can ask is, Will it match our market? If you are trying to reach business owners and managers, financiers and corporate executives the powerful minority that represents the bulk of Utahs spendable income, then ask that question of the Enterprise. The answer will be yes. The Enterprise . . . makes a market. Call 533-055- 6 scheduling. for advertising rates and |