§ Mr. Stokesasked the President of the Board of Trade whether he is aware that the price of heavy steel scrap increased on 7th May from 151s. per ton to 201s. per ton and cast-iron borings from 118s. 9d. per ton to 138s. per ton; and why this increase was approved by his Department against the opinion of the scrap merchants.
§ Mr. LowThe Iron and Steel Scrap Order, 1956, increased the maximum prices for heavy steel scrap by 50s. a ton and for cast-iron borings by about 20s. a ton. The reason for the increase was explained by my right hon. Friend in answer to the right hon. Gentleman on 12th June.