HC Deb 11 December 1980 vol 995 cc441-2W
Mr. Skeet

asked the Secretary of State for Industry whether he proposes to make an announcement on the structure of the private sector of the steel industry.

Mr. Michael Marshall

There is considerable overlap between die operations of the British Steel Corporation and some private sector companies in billet, bar and rod. My right hon. Friend has made it clear to BSC and to the private sector companies concerned in this area that the Government will consider urgently viable propositions for joint companies in which the private sector would have a majority holding.

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