§ Mr. Teddy Taylorasked the Secretary of State for Industry if he will make a statement on those inquiries made to him on the carrying out of private steel development in the United Kingdom.
§ Mr. Les HuckfieldAs part of its sponsoring activities, my Department holds discussions with companies in the private sector of the steel industry on 451W their investment plans and other matters of interest. We are also examining applications for assistance under the selective investment scheme and the product and process development scheme for a number of private sector steel projects. These projects are mainly intended to modernise and optimise existing installations or develop new processes.