§ 47. Mr. John H. Osbornasked the Secretary of State for Industry if he will raise in the Council of Ministers the possibility of the EEC Commission undertaking, with appropriate international bodies such as the Organisation for Economic Co-operation and Development, a review of world demand for steel, costs of production and related raw material and energy costs.
§ Mr. Norman LamontNo. The Commission is working on a revision of its general objectives which looks at longer term steel supply and demand. A study of forecasting techniques and factors affecting steel demand is being carried out under the auspices of the OECD steel committee, in which the Community will of course co-operate.