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18.
Mr. Nabarro
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.
The Minister of Supply
(Mr. G. R. Strauss)
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.
Mr. Nabarro
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?
Mr. Strauss
The prices laid down by the Government are maximum prices.