HC Deb 13 February 1978 vol 944 cc47-9W
Mr. Lawrence

asked the Secretary of State for Industry what grants in aid and loans at low rates of interest have been received by the British steel industry from the EEC since British membership, detailing particular steel plants which have benefited.

Mr. Graham Page

asked the Secretary of State for Industry what was the total in pounds sterling of loans accorded to the United Kingdom steel industry by the European Coal and Steel Community over the period from 1st January 1973 to the latest date for which figures are available.

Mr. Les Huckfield

The loans and grants approved by the European Communities since 1st January 1973 for the benefit of the British steel industry are listed below. Full details are not available of the amounts so far received against these approvals.

(A) LOANS UNDER ARTICLE 54 OF THE TREATY OF PARIS
Plant and year Amount(£million)
1974
BSC Scunthorpe 17.95
BSC Scunthorpe 7.75
BSC Templeborough 1.25
Woodhead Components Sheffield 0.50
Manchester Steel 2.30
1975
BSC Tinsley Park 25.00
BSC Port Talbot 35.00
BSC (Chemical Ltd., Orgreave 4.00
BSC Normanby Park 7.00
BSC Clydesdale 6.00
Templeborough Rolling Mills Ltd., Rotherham 0.70
Spartan Steel Alloys Ltd., Newcastle-upon-Tyne 0.80
1976
BSC Shepcote Lane, Sheffield 30.00
BSC Hunterston 25.00
BSC Port Talbot 7.00
GKN Cardiff 20.00
BSC Redcar/South Teesside 150.00
BSC Quebec (Fire Lake) 38.80
BSC Sheffield 5.60
BSC Teesside 4.20
BSC Hunterston 10.00
1977
BSC Scunthorpe 4.50
BSC Ravenscraig 7.70
BSC Port Talbot 5.814
North Sea Iron co. Ltd., Jarrow 28.00
BSC Appleby Frodingham 4.31
BOC Redcar/South Teesside 5.00
Total 454.174
(B) LOANS UNDER ARTICLE 56 OF THE TREATY OF PARIS
Plant and Year Amount(£million)
1974
BSC Ravenscraig 15.00
1975
BSC Ebbw Vale 15.55
1976
BSC Tafarnaubach 1.25
Vald Birn Ltd. Blyth 1.40
Natural Gas Tubes Ltd. Ebbw vale 0.95
Natural Gas Tubes Ltd. Ebbw Vale 1.36
Natural Gas Tubes Ltd. Tafarnaubach 1.086
Total 36.596

(C) GRANTS UNDER ARTICLE 46 OF THE TREATY OF PARIS £5.05 million
(D) GRANTS UNDER ARTICLE 55 OF THE TREATY OF PARIS £77,500 million
(E) LOANS FROM THE EUROPEAN INVESTMENT BANK
Plant and year Amount(£million)
1973
BSC Teesside 14.70
BSC Llanwern 14.70
1974
BSC Port Talbot 8.00
BSC Thrybergh Rotherham 12.00
1975
BSC Dalzell 3.50
BSC Consett 6.75
BSC Shotton 17.50
1976
BSC Port Talbot 12.60
BSC Distington 2.10
BSC Hartlepool/Clydesise/Airdrie 17.00
1977
BSC Redcar 8.00
BSC Ravenscraig 14.00
BSC Craigneuk 3.75
BSC Distington/Fullwood 7.65
BSC Ravenscraig 52.70
BSC Templeton, Consett 3.90
BSC Port Clarence, Teesside 6.90
Total 205.75

(F) CONTRIBUTION FROM EUROPEAN REGIONAL DEVELOPMENT FUND
Plant and year Amount(£million)
1976
BSC Distington 0.578
BSC Redcar 5.447
BSC Dalzell 0.820
BSC Tafarnaubach 0.462
1977
BSC Lackenby 1.250
Total 8.557

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