§ 25. Mr. Oppenheim
To ask the Chancellor of the Duchy of Lancaster what representations he has received on the removal of steel quotas within the European Community; and if he will make a statement.
§ Mr. Kenneth Clarke
Over the last 12 months I have received a number of representations on behalf of consumers pressing for the early removal of the European steel production quota system. I attended the Industry Council's meeting on 24 June when we decided that quotas should expire at the end of last month.
§ Mr. Atkins
The ending of the European steel production quota system will be of significant benefit to steel users. It is expected that quota liberalisation will increase consumer choice, and reduce costs since producers will no longer be liable to fines for exceeding production limits.