Metal Industries.
THREATENED WELSH WORKS. Received 1, 6.45 p.m. LONDON, Nov. 30. Mr Brailsl'ord, chairman of the F.l,ibw Vale Steel Works Company, declared that owing to the operations of the trusts in Belgium and Germany in selling below cost price, in a few months English steel makers would l)e nonexistent. Foreigners had already begun- to export their surplus shape and corrugated sheets and tin plates to England and her colonies. Seventy foreign works were now menacing the country's productions. During the last thi'ee years, Mr Brails-ford points out, German and American competition has been fully organised. Several of the largest works at .Tredegar and Blaenuvon are already closed. The iron ore delivered at Newport during October was only a quarter of the amount delivered a few vears ago, while 29,000 tons of finished steel, which would have kept 10 000 men employed at the works now'disused, was received.
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Taranaki Daily News, Volume XXXXV, Issue 260, 2 December 1903, Page 3
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148Metal Industries. Taranaki Daily News, Volume XXXXV, Issue 260, 2 December 1903, Page 3
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