SHORTAGE OF STEEL
Preaa Assn.— Copyright.)
Duties Lowered to Help Britain Rearm JAPAN IN BAD WAY ALSO
(By Telegraph—
(Received 3, xa.oo p.m.; LONDON, March 2. The Government has announced that owing to the serious world-wide shortage of steel, it will admit pig iron free from March 3 and. will reduce the duty from 20 per cent. to 10 per cent. on iron and steel imports. The demand for pig iron, paxticularly for steel-making, now exceeds the supplies available from England and elsewhere in the Empire, resulting in the steel industry being hampered in its efforts to cope with the increased demand for steel. Every country is conserving its supplies, greatly increasing Britain 's difu fieulty in securing imports. Japan is suffering cnore than most countries from the shortage, largely owing to increased armaments construction. Sixty buildings in Tokio are held up by the steel shortage while the work in munitioh factories and naval jvards is slowing down.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/HBHETR19370303.2.56
Bibliographic details
Hawke's Bay Herald-Tribune, Issue 40, 3 March 1937, Page 5
Word Count
158SHORTAGE OF STEEL Hawke's Bay Herald-Tribune, Issue 40, 3 March 1937, Page 5
Using This Item
NZME is the copyright owner for the Hawke's Bay Herald-Tribune. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in