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Steel And Scrap Iron

Volume 320: debated on Monday 22 February 1937

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asked the President of the Board of Trade whether he can give this House any information in connection with the steel and scrap iron agreement?

My right hon. Friend understands that, as is reported in the Press, the iron and steel industry has made arrangements with the National Federation of Scrap Iron and Steel Merchants for the better organisation of supplies of scrap. The object of these arrangements is, I understand, to improve the collection and distribution of supplies.

Can the Minister state what percentage of increase in the prices is arrived at in this agreement?

Is the Minister aware that smaller employers in this industry are being squeezed out because they cannot get materials?

Are we to understand from the answer which the Minister has given that the only information which the Board of Trade has on this vital matter of the raw materials of steel is from casual notices in the Press, and are they not taking any share whatever in the organisation of this vital matter?

The hon. Lady must not understand that; it was only a reference that I made.