31987S0339

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COMMISSION DECISION No 339/87/ECSC

of 3 February 1987

fixing the amended rates of abatement for the first quarter of 1987 in accordance with Decision No 3485/85/ESCS on the extensions of the system of monitoring and production quotas for certain products of undertakings in the steel industry

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European Coal and Steel Commnity,

Having regard to Commission Decision No 3485/85/ECSC of 27 November 1985 the extension of the system of monitoring and production quotas for certain products of undertakings in the steel industry (1),

Whereas rates of abatement in respect of certain products were fixed for the first quarter of 1987 by Commission Decision No 3673/86/ECSC (2);

Whereas Article 8 (1) of Decision No 3485/85/ECSC provides that such rates of abatement may be modified, not later than the first week of the second month of the quarter in question, in the light of the development of the market situation;

Whereas the market situation requires that the rates of abatement for the first quarter of 1987 be so modified on the studies carried out with undertakings and associations of undertakings,

HAS ADOPTED THIS DECISION:

Article 1

1. The rates of abatement for the establishment of production quotas for the first quarter of 1987 established in Commission Decision No 3673/86/ECSC for the following categories of products shall be modified as follows:

'category I a: 52 %,

category I b: 48 %.'

2. These rates of abatement replace the corresponding rates fixed in Commission Decision No 3673/86/ECSC.

Article 2

This Decision shall enter into force on the day of its publication in the Official Journal of the European Communities.

This Decision shall be binding in its entirety and directly applicable in all Member States.

Done at Brussels, 3 February 1987.

For the Commission

Karl-Heinz NARJES

Vice-President

(1) OJ No L 340, 18. 12. 1985, p. 5.

(2) OJ No L 339, 2. 12. 1986, p. 20.