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ent001465-035
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I agree.2 Lm Vegas Review-Journal Sunday, October 24, 1965 llM DELEGATES HEAR TALK Scrap Iron Boom **#he processing of scrap mm and steel will br ing aipkstimated $2 billion in ?½ gi^ss sales into the econ- omy this year, according to P parry S. Marley, president I dQhe national Institute of p Ir??h and Steel. ? MARLEY made the an- nouncement Saturday dur- ihgTan address before 500 ?½|ggates to the institute?╟╓s convention presently under- way in the new Sands Ho- tel Convention HalT^ processing business is assuming a more and more important place in the American econ- omy,?╟╓5 Marley said. ?╟úThis year, new steel products will contain near- ly 50 per cent scrap met- als, which goes to show it is that the scrap iron and steel busi- ness is really only a differ- ent form of mining, we are in the alKwe j* ground min- ing business.?╟Ñ THE president, who re- cently appeared on a half- hour British Broadcasting Corporation, said that again in 1965 the highest grade steels were made from scrap irons and metals. ?╟úThe process of remelt- ing and reworking the met- al insures the highest pos- sible qualities,?╟Ñ Marley ex- m plained. THE meetings continue through Sunday with new techniques of processing, a beautification plan for plants and yards and other items set for discussion.