VOL. XXX1
NO. 47
29-AUGUST-1988
IRAQ
Iraq Offers to Purchase Steel Mill from USX Corporation
Iraq recently offered to purchase a mothballed steel mill in Baytown, Texas,from the giant USX Corporation for a reportedly $100mn, a move which hasprecipitated a controversy in the US led by Congressman Jack Fields of Texas.Apparently last July Iraq offered to purchase the 20-year old 1.3mn tons/yearmill, which is capable of manufacturing large diameter steel pipe for oil, gasand water, with a view to...
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