. Canadian machinery and metalworking (January-June 1919). iVIARKETDEVELOPMENTS. Steel Prices Will Remain for Some Months Trade Believes No More Reductions Will Be Made—Canadian Merchant Mills Are Meeting the Figures of Mills in This Country—Scrap Trade Still in State of Stagnation PRICE-CUTTING on steel is not likely to seems very likely that base prices named recent-ly will be the bottom of the market for some monthsto come. It is claimed that the concessions already havebeen made without any reduction in labor charges, andthat anything else that is done in the way of price-
. Canadian machinery and metalworking (January-June 1919). iVIARKETDEVELOPMENTS. Steel Prices Will Remain for Some Months Trade Believes No More Reductions Will Be Made—Canadian Merchant Mills Are Meeting the Figures of Mills in This Country—Scrap Trade Still in State of Stagnation PRICE-CUTTING on steel is not likely to seems very likely that base prices named recent-ly will be the bottom of the market for some monthsto come. It is claimed that the concessions already havebeen made without any reduction in labor charges, andthat anything else that is done in the way of price-reduction will only be possible if wages come to a lowerlevel. It is claimed that 75 per cent, of the cost ofproducing steel is in the labor charges, and until thissection is touched there can be no further It is interesting to note, also, that Canadian mills,taking advantage of freight and duty, as well as wartax, are meeting prices quoted from merchant mills,and also in sheets and other lines. The Canadian millshave a much better delivery date for poin
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Keywords: ., bookcentury1900, bookdecade1910, booksubjectmachinery, bookyear19
