Iron and Steel Products (Hansard, 23 November 1979)

§ Mr. Leighton
asked the Secretary of State for Trade (1) whether he will circulate in the Official Report a table showing (a) the volume and value of iron and steeel products imported from and exported to the EEC Six and from and to other countries in each year from 1970 and this year to date, (b) the trade balance and (c) the general level of tariff on imports of iron and steel from the Six;
376W
and Japan, the EEC, Comecon countries, Norway and Sweden, respectively.

§ Mr. Eyre
The information is as follows:
(2) if he will circulate in the Official Report a table showing the value and volume of iron and steel products traded between the United Kingdom and, respectively, the Six original EEC member States and the non-Six in each of the years 1970 to 1978 and the current year to date.

§ Mr. Eyre
[pursuant to his reply, 15 November 1979, c. 769]: Details of United Kingdom trade in iron and steel with the EEC Six and the rest of the world are given in the tables below. There is 377W no single representative level of customs duties on iron and steel and their products. The duties in 1970 ranged from free to 25 per cent. according to the form in which the products were imported. This range applied throughout the period 1 January 1970 to 31

I. UNITED KINGDOM TRADE IN IRON AND STEEL BY VALUE EEC(6)

(£ million

Exports (f.o.b.) Imports (c.i.f.) Crude balance (exports valued f.o.b. minus imports c.i.f.)

1970 … … … … … … 43.6 58.3 - 14.7

1971 … … … … … … 42.4 69.2 - 26.9

1972 … … … … … … 43.2 91.7 - 48.5

1973 … … … … … … 67.0 170.0 - 103.0

1974 … … … … … … 96.7 421.8 - 325.1

1975 … … … … … … 121.9 462.4 - 340.5

1976 … … … … … … 172.6 542.3 - 369.7

1977 … … … … … … 213.2 553.1 - 399.9

1978 … … … … … … 248.1 592.9 - 344.8

January-September 1979 … … … 225.8 510.3 - 284.6

January-October 1979 … … … … 254.6 580.6 - 325.9

REST OF WORLD

(£ million)

Exports (f.o.b.) Imports (c.i.f.) Crude balance (exports valued f.o.b. minus imports c.i.f.)

1970 … … … … … … 304.6 164.1 + 140.6

1971 … … … … … … 360.4 137.2 + 223.2

1972 … … … … … … 333.2 160.4 + 172.8

1973 … … … … … … 366.2 203.3 + 162.9

1974 … … … … … … 455.8 294.5 + 161.3

1975 … … … … … … 560.0 361.5 + 198.5

1976 … … … … … … 650.8 423.4 + 227.4

1977 … … … … … … 803.3 431.5 + 371.8

1978 … … … … … … 857.6 463.2 + 394.4

January-September 1979 … … … 713.9 378.1 + 335.8

January-October 1979 … … … … 790.7 428.5 + 362.2

II. UNITED KINGDOM TRADE IN IRON AND STEEL BY VOLUME

(Thousand tonnes)

EEC(6) Rest of World

Exports Imports Exports Imports

1970 … … … … 547 649 3,796 2,064

1971 … … … … 511 818 4,595 1,673

1972 … … … … 500 1,154 4,244 2,039

1973 … … … … 678 1,501 3,705 1,782

1974 … … … … 634 2,770 2,901 1,600

1975 … … … … 592 2,607 2,766 1,595

1976 … … … … 804 2,738 3,065 2,016

1977 … … … … 908 2,415 3,720 1,858

1978 … … … … 1,011 2,300 3,574 1,925

January-September 1979 … 825 1,790 2,713 1,454

Source: United Kingdom Overseas Trade Statistics: SITC(Rev 1/Rev 2) division 67.

Note: Owing to changes in the classification of the trade statistics, the figures for 1978 and 1979 are not absolutely equivalent to those for earlier years but the differences are negligible.

I. UNITED KINGDOM TRADE IN IRON AND STEEL BY VALUE EEC(6)
(£ million
							Exports (f.o.b.)	Imports (c.i.f.)	Crude balance (exports valued f.o.b. minus imports c.i.f.)
1970	…	…	…	…	…	…	43.6	58.3	- 14.7
1971	…	…	…	…	…	…	42.4	69.2	- 26.9
1972	…	…	…	…	…	…	43.2	91.7	- 48.5
1973	…	…	…	…	…	…	67.0	170.0	- 103.0
1974	…	…	…	…	…	…	96.7	421.8	- 325.1
1975	…	…	…	…	…	…	121.9	462.4	- 340.5
1976	…	…	…	…	…	…	172.6	542.3	- 369.7
1977	…	…	…	…	…	…	213.2	553.1	- 399.9
1978	…	…	…	…	…	…	248.1	592.9	- 344.8
January-September 1979	…	…	…	225.8	510.3	- 284.6
January-October 1979	…	…	…	…	254.6	580.6	- 325.9

REST OF WORLD
(£ million)
							Exports (f.o.b.)	Imports (c.i.f.)	Crude balance (exports valued f.o.b. minus imports c.i.f.)
1970	…	…	…	…	…	…	304.6	164.1	+ 140.6
1971	…	…	…	…	…	…	360.4	137.2	+ 223.2
1972	…	…	…	…	…	…	333.2	160.4	+ 172.8
1973	…	…	…	…	…	…	366.2	203.3	+ 162.9
1974	…	…	…	…	…	…	455.8	294.5	+ 161.3
1975	…	…	…	…	…	…	560.0	361.5	+ 198.5
1976	…	…	…	…	…	…	650.8	423.4	+ 227.4
1977	…	…	…	…	…	…	803.3	431.5	+ 371.8
1978	…	…	…	…	…	…	857.6	463.2	+ 394.4
January-September 1979	…	…	…	713.9	378.1	+ 335.8
January-October 1979	…	…	…	…	790.7	428.5	+ 362.2

II. UNITED KINGDOM TRADE IN IRON AND STEEL BY VOLUME
(Thousand tonnes)
					EEC(6)	Rest of World
					Exports	Imports	Exports	Imports
1970	…	…	…	…	547	649	3,796	2,064
1971	…	…	…	…	511	818	4,595	1,673
1972	…	…	…	…	500	1,154	4,244	2,039
1973	…	…	…	…	678	1,501	3,705	1,782
1974	…	…	…	…	634	2,770	2,901	1,600
1975	…	…	…	…	592	2,607	2,766	1,595
1976	…	…	…	…	804	2,738	3,065	2,016
1977	…	…	…	…	908	2,415	3,720	1,858
1978	…	…	…	…	1,011	2,300	3,574	1,925
January-September 1979	…	825	1,790	2,713	1,454
Source: United Kingdom Overseas Trade Statistics: SITC(Rev 1/Rev 2) division 67.
Note: Owing to changes in the classification of the trade statistics, the figures for 1978 and 1979 are not absolutely equivalent to those for earlier years but the differences are negligible.