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Mr. Hardy
asked the Secretary of State for Industry what is the profit or loss per ton of steel produced by all steel production companies or organisations within the EEC which produced more than 1 million tonnes of steel in 1978–79; and what dividend, interest or return on capital was paid by each of them.
Mr. Michael Marshall
Figures for all steel production companies and organisations within the EEC which produced more than 1 million tonnes of steel in 1978–79 are not readily available, nor are comparable figures for dividends, interest or return on capital. The following are the profit and loss figures for some of the largest companies for the latest available year:
12 months ending | Profit/(loss) per tonne | |
£ | ||
Arbed | 31 December 1978 | (6) |
BSC | 31 March 1979 | (17) |
Cockerill | 31 December 1978 | (20) |
Estel | 31 December 1978 | (6) |
Krupp | 31 December 1978 | (3) |
Italsider | 31 December 1978 | (21) |
Peine-Salzgitter | 30 September 1978 | (10) |
Thyssen | 30 September 1978 | 3 |
Usinor | 31 December 1978 | (23) |
Source: Published Data.
Some of these companies have reported improved performances in recent months.