HC Deb 12 December 1972 vol 848 c105W
77. Mr. Bruce-Gardyne

asked the Secretary of State for Trade and Industry if he will now make a statement on the outcome of his discussions with the representatives of the European Commission on pricing policies for steel after 1st January.

Mr. Tugendhat

asked the Secretary of State for Trade and Industry if he will make a statement regarding the impact of the standstill on British Steel Corporation pricing after 1st January 1973.

Mr. Peter Walker

The standstill will continue to apply to steel prices but I would expect United Kingdom steel producers to adopt the ECSC basing points price system as soon as the standstill ends. We have made clear to the European Commission our intention to do everything possible to conform with the requirements of the ECSC Treaty.