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Iron and steel production for 1938 for the major world powers is available. With hindsight being a so-called 20-20 element, the iron and steel production of France and England fall millions of tons behind the production of Germany. To a large degree this is surprising in that the fears of another world war were a real fear.As an aside the US led the world in producing iron and steel in 1938 with the USSR in second place.

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Q: How could iron and steel production in 1938 have been an indicator on the early results of World War 2?
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