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Government will intervene in steel strike, says weekly
The weekly Steel Magazine predicted government intervention to prevent a summer steelworkers strike if the Vietnam War is ongoing. Peace prospects could deter intervention and encourage longer strikes, as buyers show reluctance to build inventories amid rising imports and foreign steel use. US mills kept producing at a record pace while scrap prices fell for the tenth week.
MENTIONED IN THIS ARTICLE
Cleveland
Vietnam
Steel Magazine
Metalworking Weekly
U.S
Great Lakes