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Steel Production

Volume 976: debated on Wednesday 16 January 1980

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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.

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 endingProfit/(loss) per tonne
£
Arbed31 December 1978(6)
BSC31 March 1979(17)
Cockerill31 December 1978(20)
Estel31 December 1978(6)
Krupp31 December 1978(3)
Italsider31 December 1978(21)
Peine-Salzgitter30 September 1978(10)
Thyssen30 September 19783
Usinor31 December 1978(23)

Source: Published Data.

Some of these companies have reported improved performances in recent months.