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Tramp (undesirable) elements introduced into iron and steel castings via purchased ferrous scrap are evaluated as to their likely degree of future threat to the quality of castings. Conclusions are based on analysis of literature and on nonmail surveys of foundries, scrap processors, trade and technical associations, and others. The existing tramp -element problem is expected to be persistent, but amenable to improved control by foundries and their suppliers. Four recommendations for action are given.
The basic objectives of this report are: (1) to provide updated forecasts of the physical capital investment process in the iron and steel industry, including forecasts under various assumptions about federal tax policy; and (2) to develop a model of the financial aspects of the investment decision in the iron and steel industry. The first objective is the subject of Chapter 2 of this report. Chapters 3 -9 develop a model of the supply of and demand for investment funds in the United States iron and steel industry for the period 1960 -1973.
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