America's steel industry in slump and risk of decline
The industry faces imports and capital shortages hindering new energy saving technologies. A Congressional OTA study warns of rapid shrinkage and rising layoffs, with foreign steelmakers potentially gaining over 40 percent of the U.S. market by 1990. Japan has already surpassed the U.S. in crude steel production.
MENTIONED IN THIS ARTICLE
Newhouse News Service
Washington
America
U.S
Congressional Office
Japan
United States
William J. DeLancey
Republic Steel Corp
Long term rates hold near peaks as inflation looms
Washington notes long term yields stay near all-time highs while inflation remains high and debt needs grow. Treasury deficits expand this year and next, pushing demand for cash. Businesses and homeowners face costly financing as banks resist lower long term borrowing costs amid ongoing retooling and expected expansion.
MENTIONED IN THIS ARTICLE
Washington
U.S. Treasury
Tobacco growers warned on MH-30 residue risks
Agriculture Secretary John R. Block warned flue-cured tobacco growers that excessive use of the chemical MH-30 to retard suckers could jeopardize foreign markets. A survey will assess residue levels. West Germany and other importers have complained about MH residues in U.S. flue-cured tobacco.
MENTIONED IN THIS ARTICLE
Washington (Ap
Agriculture
John R. Block
Block
West Germany
U.S
United States
Also Mentioned on This Page
Energy Department
Douglas Harvey
Harvey
Charles Butler
Japan Steel Information Center
New York
American Iron and Steel Institute
Reagan
N. Grandview
ISKET
Ann King
Andrews
Tg&y
Dream Team
Therapedic
Sagan
Winwood Mall
B.P.O. Does
Boys Club of
Odessa
Sigma Delta Es.a
Alpha Sigma Alpha
Girls In Action West Side Baptist Church
First United Methodist Ring of Joy
Allemanders Square Dance Club
Tops of
Mothers of
Sage Brushes Chapter of Decorative Painters
Asbury United Methodist Women
Saint Mary's Church
Ector County Extension Homemakers Council
Sunset
First
Asembly of God Ca's
Insurance Women of Odessa
IQ Zoo
Winwood
42Nd
Grandview
Houston Seabolt
WH. Melton
Treas
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