92/17/ECSC: Commission Decision of 27 November 1991 amending Commission Decision 89/218/ECSC of 23 December 1988 concerning aid that the Italian Government proposes to grant to the public steel sector (Only the Italian text is authentic)

COMMISSION DECISION  of 27 November 1991  amending Commission Decision 89/218/ECSC of 23 December 1988 concerning aid that the Italian Government proposes to grant to the public steel sector  (Only the Italian text is authentic)  (92/17/ECSC)
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Coal and Steel Community, and in particular the first and second paragraphs of Article 95 thereof,
Having consulted the Consultative Committee and with the unanimous assent of the Council,
Whereas:
Under the Italian steel restructuring plan and pursuant to Article 2 of Commission Decision 89/218/ECSC (1), as amended by Decision 90/89/ECSC (2), the Italian authorities were required to close the cold-rolling mill in Turin (MPP 708 Kt/year).
The Italian Government, however, has requested that the closure of the Turin cold-rolling mill (MPP 708 Kt/year) be replaced by the closure of cold-rolling mill No 1 at Cornigliano (MPP 600 Kt/year) and a 108 Kt/year reduction in cold-rolling capacity  at the Racconigi mill.
Contrary to the forecasts of the restructuring plan the Turin cold-rolling mill made a profit in 1989 and 1990. Its closure would therefore lead to a deterioration in the financial position of the Italian public steel industry.
On the other hand, the closure of mill No 1 at Cornigliano would significantly reduce the serious air pollution in Genoa created by the steelworks.
In addition, as the capacity reduction proposed by the Italian Government concerns the same type of products and the same quantities, it will contribute as much to the structural regeneration of the Community steel industry as would the closure of the  Turin plant.
The proposed replacement will require a six-month extension to the deadline fixed for the Turin closure.
The release, pursuant to Article 6 (4) of Decision 89/218/ECSC, of aid segments in addition to those referred to in Article 6 (3) must be brought into line with the new closure timetable,