§ 73. Mr. G. R. Straussasked the Minister of Supply the total estimated cost of the development schemes to which the iron and steel industry is committed; and what is the estimated cost of such schemes approved by the Iron and Steel Corporation.
§ Mr. SandysSince the war the industry has entered into commitments in respect of schemes costing just under £400 million, of which about £320 million has already been spent. This includes schemes approved by the Iron and Steel Corporation of Great Britain amounting to about £65 million. In addition, there are certain other schemes to which approval has been given so recently that no commitment has yet been entered into.