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Steel Prices

Volume 476: debated on Monday 26 June 1950

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asked the Minister of Supply why price control regulations remain necessary for steel, rolled and re-rolled steel products and wire, excepting only steel sheet and tinplate.

Iron and steel prices are controlled in conformity with the Government's policy of maintaining over as wide a field as possible low and stable prices of essential commodities.

Is the Minister aware that as a result of continued price control many manufacturers who are steel consumers are deprived of selective buying advantages? Would he consider price decontrolling those items of steel of which an abundant supply is available?