Traduction de «Laminoir à profilés de première chaude » (Français → Anglais) :

first-heat section rolling mill

structural mill

hot mill [ hot rolling mill ]

The investment project does not concern the medium-section mill the closure of which by mid-1994 has been offered as a justification of aids to EKO Stahl.

On 12 November 1993 the German Authorities submitted a modified proposal, offering an additional capacity reduction in hot-rolled products of 320.000 t/y until mid 1994, carried out by the closure of a medium section mill belonging to the Riva group in Hennigsdorf (Brandenburg) and reducing the state aid involved by 70 Mio DM (36.8 MECU) down to 813 Mio DM (427.9 MECU).

On the basis of the updated and confirmed figures as provided by the German Government, the evolution of capacity in that territory will be as follows : Capacity at end of 1990 (1 July) 1992 1996 in 000 t/y - crude steel 7,710 5,115 5,220 - hot-rolled finished products 5,348 3,727 4,191* *This figure includes the proposed new capacity for EKO Stahl (900 kt/y) and the 320 kt/y capacity reduction resulting from the closure of one mill (450) at Henningsdorf foreseen for mid 1994.

The Three are essentially recommending a gradual phasing-out of the quota system in a move towards a totally unrestricted market, in the following stages : - quotas established by the Commission for the first quarter of 1988 (output in which is virtually all sold already) which would then serve a definitive basis of reference, - seasonally adjusted quotas increased by 2.5 % every quarter from the second quarter of 1988, up to 10 % at the beginning of the first quarter of 1989, - permanent abolition of the quota system as from 1 April 1989. The report suggests an alternative : if before 15 March 1988, the producers give firm guarantees to the Commission that they will reduce capacities by at le ...[+++]ast 75 % of the surplus identified by the Commission, i.e. at least three quarters of some 20 million tonnes for the three categories in question (hot-rolled coils, heavy sheet and heavy sections), the Commission could suspend the progressive quartely quota incrases and return to a system of quotas adjusted to market possibilities which would apply until 31 December 1990 at the latest.