Word: steels
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...negative economic growth in 1983, Brazil (pop. about 131 million) is in acute social pain. Foreign bankers granted the country a brief breathing space two weeks ago with a $6.5 billion "jumbo" loan. But the U.S. Commerce Department had earlier added to Brazil's burden by ruling that steel exports to the U.S., which totaled $1.3 billion last year, were unfairly subsidized and thus subject to penalty duties. Further economic blows of that kind could threaten the country's long and gradual "opening" to full civilian rule, and complicate what is essentially a long and stable friendship between...
Last summer it decontaminated the last of the nearly 1 million gal. of radioactive water that had spilled into the plant's reactor and other buildings. The water was passed through filters to remove radioactive material, which was then loaded into stainless-steel casks and trucked away for testing at an Energy Department facility near Richland, Wash. In August, the company plans to lift the cover off the Unit 2 reactor and remove the destroyed core and the remaining fuel rods. Once it has done that, it will be able to complete the process of decontaminating the reactor building...
...regions of the country, and join up with each candidate in succession as he travels through. The Post's Martin Schram, a veteran of the past four campaigns, takes that approach a step further: whenever possible he rents a car, rather than travel in what he calls "the steel cocoon." He explains, "The reporter on the bus may get a good idea of how well one candidate is doing, but learns very little about how he is doing relative to others. The reporter on the ground gets a much better sense of what the outcome will...
...Steel buys National...
...still makes more steel than any other American company, but investors would never know it from U.S. Steel's balance sheet. The firm last year made more than half its revenues from petroleum, a result of its 1982 purchase of Marathon Oil, and only 31% from steel. Last week, though, U.S. Steel took a giant leap back to basics. Directors approved the purchase of National Steel, the seventh-largest maker, for $575 million in cash and stock. U.S. Steel will also absorb some $460 million in long-term National debt, making the total buy-out worth $1 billion...