British Steel Corporation

HC Deb 13 November 1972 vol 846 cc14-5W

Mr. Skeet

asked the Secretary of State for Trade and Industry whether it is the Government's policy to allow the British Steel Corporation to bring its prices into line with those ruling within the Community pursuant to its obligations under the Treaty.

Mr. Emery

Steel prices are not excluded from the standstill arrangements which my right hon. Friend the Prime Minister announced on 6th November. Our accession to the Treaty of Paris does not of itself necessitate a general increase in BSC prices on 1st January.

Mr. Tinn

asked the Secretary of State for Trade and Industry if he will make a statement on the long-term investment plans of the British Steel Corporation.

Mr. Tom Boardman

I have nothing to add to the reply I gave to Questions from my hon. Friend the Member for Glasgow, Cathcart (Mr. Edward Taylor) and the hon. Member for Fife, West (Mr. William Hamilton) on 6th November.—[Vol. 845, c. 42.]