OCR Text |
Show IRON AND STEEL REVIEW FOR WEEK ew York, 1 Jan. 12 Although the volume of new business, booked by the steel mills last week, was not heavy current orders were close to fo per cont of mill capaclt and most of the plantl are too congested with orders carried over from last year to make an active canvass of contracts for orderse Involving delivery before the first of next year Structural work on the Isthmus of Panama connected with the government govern-ment electric transmission line will call for about 22.000 tons of structural struc-tural material. The United States Steel corporations corpora-tions December statement just issued shows that new contracts exceeded shipments by 7,281 tons On the first of the first of the year pig iron was being produced b all interests in-terests ai the rate of 33,50b tons an- I nuallv |