§ Mr. Townsendasked the Secretary of State for Industry what is the price per tonne for each of the following steels: steel plates, steel reinforcement, hot rolled strip, hot rolled coil and structural bearings in each of the countries within the European Community at the latest date for which figures are available.
§ Mr. Les HuckfieldPrecise comparison of prices is made difficult by differences in size and quality specifications etc. in various countries, but the following table, provided by the British Steel Corporation, gives a broad indication of published home trade prices in the countries of the European Community on 1 March 1979. It does not cover the prices charged by the United Kingdom private sector producers.
likely that in some instances the stockholders' representatives will wish to have recourse to arbitration.
Payments on account have been made in respect of all these outstanding companies. My right hon. Friend has decided that a further payment on account will be made in cases referred to arbitration on base value. The payment will be made at the stage when the parties have submitted their statements of case and answer to the tribunal.