Representatives of the Israel Government and the United States Steel Company have signed an agreement under which the company will supply Israel with a total of 100,000 tons of steel during the next three years, it was announced here today. The steel will supply 40 percent of Israel’s steel needs for the three-year period.
The steel will be fabricated in Israel, chiefly for use in water pipes for major irrigation projects. It will go to three Israeli steel plants at Migdal-Askelon, Sarafand and Acre. The plant at Migdal-Askelon will devote most of its products to a project for bringing Yaarkon River water to the Negev.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.