Kaiser Steel Cuts California Prices to Meet East and Imports
The piece notes West Coast steel firms including Kaiser Steel in California lowering prices by about 12 dollars per ton to align with Eastern list prices and Japanese imports. Eastern producers race to stay competitive in the growing Western market while some firms must absorb freight or trim charges to avoid losses.
MENTIONED IN THIS ARTICLE
Pacific Coast
Atlantic
East
California
Kaiser’ Steel
Steel price wars divide Western and Eastern mills this year
The article notes a second round of price policy clashes in the steel industry west of the traditional steel capital. Western and Kaiser pressure differ with Eastern distributors as lower West prices aim to boost sales while imports bite the coast. Higher costs squeeze profits and dividend cuts spread across Eastern firms.
MENTIONED IN THIS ARTICLE
Eastern Steel
Inland Steel
Chicago
Kaiser
California
Kennedy
Burlington Sheriff Intervenes Over Check at Bus Station
A Burlington bus station clerk hesitated when a man presented a check and asked for references. Sheriff Arthur Jones identified the man after a phone call, gathering papers and hurrying to the station where he served three...
MENTIONED IN THIS ARTICLE
Burlington
N.C
Bulington
Arthur Jones
Man Charged With Issuing Worthless Checks
Warrants allege the man had been holding and charging the man with issuing worthless checks.
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Europe
Japan
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