HC Deb 12 June 1956 vol 554 c9W
17. Mr. Stokes

asked the President of the Board of Trade on what grounds it was recently decided to increase the price of scrap iron and steel.

Mr. P. Thorneycroft

The controlled price of pig iron was increased by 32s. 6d. per ton in December, 1955, and 15s. per ton in May, 1956. The recent increase in the price of scrap iron and steel preserves the price relationship between these two raw materials.