Full text : 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 producing.
 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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