§ 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 755W 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.