This small iron ingot moulded with the maker's name is a reminder of the struggles manufacturers like William Sandford endured in their efforts to establish an iron industry in Australia. The first attempts -- at Mittagong in New South Wales in 1848 and at Lal Lal in Victoria from the 1870s -- failed because of the cheap price of imported pig iron. Undeterred, William Sandford built a blast furnace at Lithgow and on 13 May 1907 produced the first samples of pig iron. In fact, to ensure success on the day, the first pig iron had been tapped on 30 April after the blast was started that same day by Sandford's daughter, Clarice. However, the company was seriously undercapitalized and in December 1907 the Commercial Bank foreclosed on William Sandford Ltd. The company was taken over by Hoskins Bros, manufacturers of iron pipes and, aided by a federal bounty on locally smelted iron, successfully traded until the 1920s. Eventually, the distance of the blast furnace from major markets and the expense of shipping raw materials to it meant the company could not compete with imported iron.