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Steel Companies / Price Incr. #243570

CBS Evening News for Friday, Nov 26, 1976
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(Studio) Besides National Steel and Jones and Laughlin, 4 more steel companies increase prices.
REPORTER: Roger Mudd

(Washington, DC) ARMCO, Wheeling, Inland and Youngstown steel companies announce 6% flat steel price increase Reason cited. Areas affected noted. White House complaints noted. [Acting director of Council on Wage and Price Stability, William LILLEY - thinks market won't sustain price increase] Lilley thinks price increase won't stick unless United States Steel and Bethlehem Steel, 2 major companies, raise prices also. No comment from either company
REPORTER: Nelson Benton

Benton, Nelson;
Mudd, Roger

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