HC Deb 10 February 1958 vol 582 cc27-8
46. Mr. Strauss

asked the Paymaster-General how the prices for the main categories of iron and steel scrap, as set out in Statutory Instrument, 1957, No. 1271, compare approximately with those ruling in other European countries and the United States of America.

Sir I. Horobin

As the hon. Member recognises, no exact comparison is possible, but broadly speaking the current delivered prices for comparable qualities of scrap are a pound or two per ton lower in the United Kingdom than in America; up to four pounds lower than in the countries of the European Coal and Steel Community; and up to three pounds higher than in Sweden. There are also certain levy payments on scrap purchases which complicate the picture and tend to inflate United Kingdom and Community prices relatively to American and Swedish prices.