§ Mr. John H. Osbornasked the Minister for Trade what is the approximate annual level of tonnage and value of special steels and bulk steel, respectively, and in total exported from and imported into the United Kingdom in the current year; and how the balance compares with each of the previous five years.
§ Mr. Peter Rees[pursuant to the reply, 6 December 1982, c. 361]:The available information is:
United Kingdom in ingots, semi-finished and finished steel January-October 1982 Exports Imports thousand tones £ million fob thousand tones £ million cif Alloy steel 452 238 353 229 Non-alloy steel 2,381 662 2,940 761 All steel 2,833 899 3,293 990
Crude balance of trade in steel, 1978–82 £ million 1978 1979 1980 1981 1982* Alloy steel +57 +68 +1 +75 +9 Non-alloy steel -15 +13 -507 +45 -100 All steel +42 +81 -506 +120 -91 * January to October Source:
Overseas Trade Statistics of the United Kingdom, SITC (R2) 672–5, 676.01 (part), 676.02 (part), 678.2-.4, 679.3, .42 and 791.99 (part).
Notes:
1. Information for 1977 is not available on a comparable basis.
2. The crude balance of trade is equivalent to exports valued fob minus imports valued cif.
3. Owing to rounding, there may be slight discrepancies between totals and the sums of their constituent parts.