In 1929 the total world production of raw steel reached over 118,000,000 tons, of which the U.S.A. produced 56,480,000 tons, Germany 15,990,000 tons, and Great Britain 9.640.000 tons. The estimated pre-war producing capacity of Great Britain was 8 million tons per annum. The present pro- ducing. capacity is estimated as approximately equal to 12 million tons of raw steel. The table given hereunder shows the extent of Great Britain’s participation in world production as compared with 1918. The final column gives the average yearly production yver a seven-vears’® period from 1928 to 19929 inclusive. WORLD PRODUCTION OF STEEL INGOT AND CASTINGS (Millions of Tons) 1918 1999 | 1998 | Gt. Britain .. Germany .. France .. Belgium . Luxemburg .. Russia - Other European Countries .. U.S.A. “ Australia, India and Canada Japan & China Total | 7515 | 76-93 | 107-92 8:52 14-29 9-85 8-84 2.58 4-09 9-58 51-54 | | 2-11 2.12 Approx. Average 1923-9 1920 9-64 15-99 9:55 4-07 2.66 4-76 10-59 7-85 12-38 779 3-21 2-13 2:66 7.08 56:48 4707 2:43 2.95 1-79 1-71 118-30 | 94-47 Complete figures for 1980 are not available, but the effect of the world slump is seen in the fact that British production dropped to 7,300,000 tons, Germany to 11,360,000 tons, and the U.S.A. to 89,650,000 tons. It may be noted that French production only dropped by 290,000 tons, and that that country took third place with a production of 9.260.000 Fons. A significant fact disclosed in the above figures is the manner in which Germany, under considerable disabilities, has re-established her position as the second iron and steel producing country in the world. ( R