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160
United Nations — Treaty Series
1958

The Project consists of the construction of a steel plant at Mizue, and of the expansion of a seamless tube mill ; it comprises the following"

Mizue Plant

Steelmaking Plant: The construction and installation of two 60-ton oxygen top blowing converters with dust catching facilities, of a mixer, of oxygen generating equipment, and of auxiliary facilities.

Slabbing Mill: The construction and installation of four soaking pits, of a 46" slabbing mill and slab shear and of auxiliary facilities.

Hot Rolling Mill: The construction and installation of a 100-ton per hour continuous slab reheating furnace, of a semi-continuous 68" hot strip mill including a 2-high scale breaker, a 4-high reversing rougher, and five 4-high finishing stands, of a 60" hot rolled sheet shear line and of all necessary auxiliary facilities.

Cold Rolling Mill: The construction and installation of a 66" continuous pickling line, of a 66" reversing cold strip mill, of seven annealing furnaces, of a 50" and a 60" cold shear line and of all the related auxiliary facilities.

Related Facilities: The construction of all the necessary related facilities for the above, such as power facilities, water supply and transportation.

Expansion of the seamless tube mill

The construction and installation of a medium size upsetter (up to 4½") and of an X-ray wall thickness measuring gauge.

It is expected that the Project will be completed by September 30, 1959.

SCHEDULE 3

Modification of Loan Regulations No. 4

For the purposes of this Agreement the provisions of Loan Regulations No. 4 of the Bank, dated June 15, 1956, shall be deemed to be modified as follows:

(a) By the deletion of Section 2.02.

(b) By the addition, in paragraph 12 of Section 10.01, at the end thereof, of the words "with the concurrence of the Guarantor".


No. 4612