Object: What is wrong with the British iron and steel industry?

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. 
( 
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