The Past, Present, and Future of the Canadian Steel Industry
THE EXPANSION of steel capacity is seldom spectacular. It may be for this reason that the remarkable progress made in Canada has not been generally recognized. In 1950, Canada's output of steel ingots amounted to 3,270,000 tons ( l) , which is a ll8 per cent increase over the tonnage produced in 1939. It can therefore be readily seen that Canada's growth curve for steel production is climbing at a rate paralleling her growth as a nation. It is by no means an exaggeration of its importance to consider the steel industry as the cornerstone in the economic structure of Canada's manufacturing activities. From the humble diaper pin to the giant members of massive bridges, fortifications, and other steel structures, steel accompanies us as a necessary and inescapable companion in our journey through life. The Age of Steel has a literal meaning, and refinements in the manufacture of the products of steel are adapting it to more and more varied uses as time passes.
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