HC Deb 22 February 1954 vol 524 cc4-5W
60. Mr. Foot

asked the Chancellor of the Exchequer the names of the steel companies to which sales have so far been made by the Steel Holding and Realisation Agency; and how much steel producing capacity these sales together represent, first, in actual quantity, and, second, as a percentage of the total national steel output.

Mr. Boyd-Carpenter

In addition to the two companies in respect of which public issues have been made, five companies have been sold by private negotiation; I am circulating a list of them and of their purchasers in the OFFICIAL REPORT. I understand that my right hon. Friend the Minister of Supply is not prepared to reveal figures relating to production of individual companies, but I can tell the hon. Member that these seven companies were responsible in 1952–53 for between 17 and 18 per cent, of U.K. steel production.

Publicly-owned Company Sold to:
The Templeborough Rolling Mills Ltd. as to one third to British Ropes Ltd.
as to one third to William Cooke & Co. Ltd.
as to one third retained by The United Steel Cos. Ltd.
Round Oak Steel Works Ltd. Tube Investments Ltd.
Sheffield Forge & Rolling Mills Ltd. Darwins Ltd.
District Iron and Steel Co. Ltd. J. Brockhouse & Co. Ltd.
The Hallamshire Steel & File Co. Ltd. James Neill & Co. (Sheffield) Ltd,