25 FEBRUARY 1955, Page 6

IRON AND STEEL

Apart from a query whether it is too cautious in its refer- ences to steel sheet production, the Iron and Steel Board's report on the industry's development to 1958 will arouse little criticism. It is the mixture as before, with a slight stir to the ingredients. But although the report has little new to say, it is none the less welcome for the reassurance it gives that the industry is not going to be allowed to slide back into restrictive ways. The report shows a commendable desire to look out- wards to the needs of the community, rather than inwards to the profits of the industry itself. This is the sensible and, in the long run, the most profitable attitude the industry can take: for its prosperity must continue to depend upon its ability not only to keep but also to strengthen its hold on the public's confidence.