Obsolete Tonnage (Scrap Prices).

Oral Answers to Questions — Trade and Commerce. – in the House of Commons at on 2 July 1935.

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Miss WARD:

5.

asked the President of the Board of Trade whether he will make an inquiry to ascertain to what extent prices for scrap are controlled by agreement between firms who purchase tonnage for breaking up?

Photo of Mr Walter Runciman Mr Walter Runciman , St Ives

As the total amount of scrap derived from the demolition of obsolete tonnage represents only a small proportion of the total supplies of scrap I cannot usefully undertake the enquiry suggested.

Miss WARD:

Can my right hon. Friend inform the House as to the difference in price between the amount paid by Italian ship breakers and British firms who buy ships to break up? Is he aware that there is a very great discrepancy?

Photo of Mr Walter Runciman Mr Walter Runciman , St Ives

If my hon. Friend puts down a question on that point, I will gladly give her such information as I can collect.