Eastern Magnetite - Production Reached an All-Time Peak in 1937

UNDER the stimulus of steadily in- creasing 'demands of the steel industry at home, and with the supply of available ores from abroad appreciably diminished owing to vigorous rearmament campaigns in Europe, production of Eastern magnetite ores reached an all- time peak in 1937. Although the figures given in the accompanying table are partly estimated (actual figures were available for eleven months only), it appears that 1937 production was nearly 47 per cent higher than that of 1936.