HC Deb 28 February 1955 vol 537 c209W
7. Mr. Hector Hughes

asked the Minister of Supply if he is aware that certain large stockholders of steel, order and obtain more steel than they require and thereby interfere with and reduce supplies of steel to smaller stockholders; and if he will take steps to control the allocation of steel.

Mr. Selwyn Lloyd

Neither I, nor the Iron and Steel Board, have any evidence of action by large stockholders on the lines sugested in the hon. and learned Member's Question. I have asked the Board to inquire into the particular case to which he has drawn attention and will write to him as soon as I have its report. Although the high level of industrial demand for steel is causing some difficulties in supply, they are not on a scale to justify the inconvenience and expense of the reimposition of control.