commiss decis juli author agreement steel industri undertak joint bui prereduc iron or french text authent ecsc commiss european commun regard treati establish european coal steel commun articl thereof regard applic submit undertak concern decemb decemb french undertak engag product steel mean articl treati appli commiss author agreement inter alia joint bui prereduc iron or société français de minerai préréduit pari sfmp compani share capit ff undertak concern gt pic file quot quot gt gt pic file quot quot gt sfmp object studi sharehold inform current studi research direct reduct iron or suppli negoti account sharehold firm medium long term suppli contract prereduc iron or represent repres sharehold deal foreign undertak interest particip set direct reduct plant set plant studi possibl set oper direct reduct plant account sharehold act parti suppli object sfmp purchas prereduc materi order account member brokerag basi commiss charg sfmp cover cost sfmp exclus make purchas member undertak intend obtain suppli direct inform sfmp chairman advanc principl direct reduct plant object set oper conjunct sfmp undertak special form purpos subject possibl earlier dissolut reduct extens sfmp form period year run incorpor sfmp run board director appoint maximum term offic year sharehold gener meet ii agreement restrict normal plai competit undertak involv agre share product sourc suppli coordin purchas prereduc iron or sfmp control invest product prereduc iron or sfmp parti agreement caught prohibit articl extent constitut declar intent clarifi subsequ term direct reduct plant set oper articl empow commiss author special agreement joint bui joint sell agreement agreement strictli analog natur effect find test articl satisfi coordin envisag firm obtain suppli prereduc iron or sfmp strictli analog joint bui agreement coordin invest plant oper regard strictli analog special agreement author articl extent make substanti improv product distribut product question essenti order achiev result restrict purpos shown agreement liabl give undertak concern power determin price control restrict product market substanti part product question common market shield effect competit undertak common market iii undertak parti agreement account crude steel product franc prereduc iron or constitut high qualiti substitut scrap purpos electr steel furnac prereduct process develop import extent recent time number project carri studi world commun countri rich iron or hydrocarbon commun countri prereduct iron or reach stage industri product feder republ germani number major project consid commun world product prereduc iron or run annual rate million metric ton total half million metric ton produc commun total crude steel product million metric ton million metric ton pig iron million metric ton scrap consumpt prereduc iron or commun hitherto insignific compar total steel product take account plant plan commun countri world prereduc iron or product reach million metric ton major part product steel melt shop stream direct reduct plant tonnag export commun countri remain low commun electr steel melt shop continu cast process show strong upsurg popular time quot report invest commun coalmin iron steel industri quot publish commiss septemb declin open hearth process slow continu cast process adopt steel work quantiti scrap aris work fall notic electr open hearth process base primarili scrap trend quot fail influenc demand scrap raw materi suppli elast addit direct reduct iron or suppli substitut product appreci quantiti medium term quot op cit econom pressur lower present time reduc busi activ assum medium term shortag scrap desir largest quantiti prereduc iron or commun countri plant set commun place scrap iv joint bui prereduc iron or envisag parti agreement enabl order larger tonnag claim higher bulk discount reduc transport cost permit cut suppli cost medium term contract enabl guarante stabil suppli price time shortag view circumst joint bui agreement regard make substanti improv product crude steel steel product agreement essenti order achiev result compar improv question individu undertak purchas prereduc iron or separ joint bui agreement give sfmp exclus control purchas fact member undertak undertak inform sfmp chairman advanc propos make direct purchas give chairman veto simpli assist coordin ensur improv refer paragraph circumst joint bui agreement restrict requir purpos satisfi test articl joint bui agreement give undertak concern power determin gener level price product prereduc iron or determin world suppli demand situat current actual rel price scrap pig iron case replac scrap prereduc iron joint bui give undertak concern power determin price control restrict product market substanti part product question common market joint bui agreement satisfi test articl build oper prereduct plant agreement framework detail fill final decis compat articl case articl thing establish certainti propos cooper plant give undertak concern power determin price control restrict product market substanti part prereduc iron or common market sfmp member undertak requir inform commiss propos build oper direct reduct plant commun propos oper commiss grant author articl treati vi object studi represent function carri sfmp object refer paragraph abreast develop prereduct process studi technic econom possibl site plant franc countri assess process product provid contact parti attain object point agreement restrict competit vii commiss posit monitor develop cooper steel undertak joint suppli prereduc iron or sfmp undertak concern notifi commiss delai chang number sharehold sfmp chang addit agreement memorandum articl associ sfmp refrain oper commiss state accept case author articl treati regard condit impos agreement compat articl treati adopt decis articl agreement undertak usinor union sidérurgiqu du nord de est de la franc pari sacilor aciéri laminoir de lorrain hayang châtillon commentri biach pari de haut fourneaux de la chier longwi ba creusot loir pari ugin acier pari société de aciéri tréfileri de neuv maison châtillon neuv maison forg allevard pari cockeril ougré provid espéranc longdoz sera fabriqu de fer de maubeug louvroil marrel frère le éta chateauneuf loir société nouvel de aciéri de pompei neuilli sur sein société de acier fin de est safe pari haut fourneaux réuni de sauln uckang pari société métallurgiqu de normandi pari société lorrain de laminag continu sollac pari société lorrain méridional de laminag continu solmer pari vallourec pari pont mousson pari notifi commiss letter decemb joint bui prereduc iron or author articl condit attach author société français de minerai préréduit member undertak delai inform commiss propos build oper direct reduct plant commun chang number sharehold société français de minerai préréduit chang addit agreement memorandum articl associ société français de minerai préréduit propos addit notifi pursuant paragraph oper commiss confirm term author decis author articl case articl treati articl decis address undertak name articl société français de minerai préréduit brussel juli commiss presid françoi xavier ortoli