H.M. TRADE COMMISSIONER'S COMMENT
His Majesty's Trade Commissioner in Wellington, when the letter was referred to him, said: "The present world demand for iron and steel is abnormal. Furthermore urgent deliveries are invariably requested by purchasers, which makes the position more difficult. During recent years the United Kingdom iron and steel industry has undergone re-equipment and reorganisation snd considerably increased production has resulted therefrom. World production of iron and steel increased by two million tons in 1936 over the previous peak year of 1929 which was approximately 2 per cent., but United Kingdom production rose by 21 per cent., and now represents 9.7 per cent, of the world production against 8.1 per cent, in 1929.
"It might also be explained that other countries supplying iron and steel are finding it difficult- to meet all demands promptly. France and Belgium exported less iron and steel in 1936 than in 1935, but total United Kingdom exports in 1936 showed an increase each quarter. .In the first quarter they were 496.000 tons, in the December quarter 592,000 tons, and in the first quarter of 1937 they were 647,000 tons.
"Additional extensions are being made in the United Kingdom industry and these should progressively ease the situation.
"As regards exports to New Zealand, 25,340 tons of iron and steel and manufactures were exported in the first quarter of 1937, and during; the similar period of 1936 31,065 tons were shipped but the decrease is accounted for. by one heading, 'railway material,' with which it is presumed Messrs. Sparrow and Company are not concerned."
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https://paperspast.natlib.govt.nz/newspapers/EP19370607.2.117
Bibliographic details
Evening Post, Volume CXXIII, Issue 133, 7 June 1937, Page 10
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259H.M. TRADE COMMISSIONER'S COMMENT Evening Post, Volume CXXIII, Issue 133, 7 June 1937, Page 10
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