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U S May Move At Bethlehem Company
Administration sources hint the government may cut its purchases of structural steel framing from Bethlehem Steel Corp if the firm refuses to withdraw a $5 per ton price increase Bethlehem says is not inflationary. No other mills have followed. President Johnson labels the rise unwarranted and inflationary.
MENTIONED IN THIS ARTICLE
Washington
Bethlehem Steel Corp
Bethlehem
Johnson
Edmund F. Martin
Martin
Congress
Gardner Ackley
Council of Economic Advisers