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Volume 895: debated on Monday 7 July 1975

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asked the Secretary of State for Industry what is his forecast of the increase in demand for the products of the British Steel Corporation as a result of the recently announced flexible price policy; and how many jobs he estimates will be safeguarded by this action.

It is hoped that the recently announced price changes will lead to significantly increased sales of steel strip products, but in present market conditions it is not possible to make a specific forecast. Increased sales will clearly improve employment prospects.