§ Mr.Hardyasked the Secretary of State for Energy if he has considered the conclusions of the study of energy prices carried out on behalf of the steel industry which has been accepted by the NEDO iron and steel sector working party; and what action he proposes to take as a result of that consideration.
§ Mr. LawsonThis report supports that of the NEDC task force in showing a substantial improvement during the year in the position of large energy users in the steel industry. I am keeping under review the position on electricity, where significant disparities still remain with France and Germany, but it would be unrealistic to expect major price reductions, given the costs faced by the supply industry.