HC Deb 28 January 1976 vol 904 c240W
Mr. Cant

asked the Secretary of State for Industry whether, in view of opposition from the EEC Competition Department, he has now abandoned his proposal to finance a stockpile of semi-finished steel products to the value of £77 million by the British Steel Corporation.

Mr. Kaufman

The EEC Commission is considering the proposal to stockpile up to £70 million of semi-finished steel in the current financial year. Contrary to some Press reports the Commission has not expressed opposition to it.

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