HC Deb 25 April 1983 vol 41 c215W
Mr. Crowther

asked the Secretary of State for Industry when he expects an announcement to be made on the privatisation of the British Steel Corporation special steels group.

Mr. Butcher

Discussions involving the rationalisation of the engineering steels sector have been in progress for some time. The Government have received no formal proposals from the likely participants, but in principle would welcome proposals aimed at reducing overcapacity and moving towards privatisation.

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