HC Deb 01 February 1938 vol 331 cc57-8W
Mr. Acland

asked the President of the Board of Trade what raw materials other than steel billets are required for the production of steel rods for reinforced concrete work; in what proportion do these materials, and the steel billets and the necessary labour, contribute towards the cost of production of the rods; and what were the changes in the costs of these materials and in the wages of labour expressed in money, and as a percentage of the earlier costs or wages, which took place between 1st January and 1st May, 1937?

Mr. Stanley

Information as to the costs of production of steel rods can only be obtained from the makers in confidence and cannot therefore be published. An investigation is now proceeding into the relation between the cost of iron and steel products re-rolled from billets and the cost of the billets, and, pending consideration of the results of this investigation, the Import Duties Advisory Committee have concurred in the maintenance of the present relationship between the prices of such products and the prices of billets.

Mr. Acland

asked the President of the Board of Trade whether he will publish a table showing in relation to all the products whose price is controlled by the British Iron and Steel Federation, or one of its subsidiary associations, under the supervision of the Import Duties Advisory Committee, what are the price increases which have been authorised by the committee, and on what dates they became effective?

Mr. Stanley

I am sending the hon. Member a statement giving the information that he desires.

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