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I agree.STEEL PROCESSING ron erickson 10/21 The processing of scrap iron and steel will bring an estimated $2 billion in gross sales into the economy this year, according to Harry S. Marley, president of the national Institute of Scrap Iron and Steel. Marley made the announcement Saturday during an address before 600 delegates to the institute's convention presently underway in the new Sands Hotel Convention Hall. "The steel processing business is assuming a more and more important place in the American economy," Marley said. "This year, new steel products will contain nearly 50 per cent scrap metals, which goes to show how true it is that the scrap iron and steel business is really only a different form of mining. We are in the above-ground mining business." The president, who recently appeared on a half-hour British Broadcasting Corporation, said that again in 1965 the highest grade steels were made from scrap irons and metals. "The process of remelting and reworking the metal insures the highest possible qualities," Marley explained. The meetings continue through Sunday with new techniques of processing, a beautification plan for plants and yards and other items set for discussion.