In view of the falling demand for steel in the world, members of the Organisation for Economic Co-operation and Development (OECD) began a two-day symposium in Paris on Wednesday (27 February) to attempt to solve some of the problems facing the industry.
GV OECD Building
GV Car arrives and delegates enter building
GV INTERIOR Delegates walk down staircase
GV Cutaway Shot Of girls standing in room
GV More delegates walk down staircase and enter conference room
GV Chairman of OECD Mr. Luther Hodges, Junior, and Secretary General of OECD Emile van Lennep (no right) (2 shots)
GV American delegates
GV Delegates from the Commission of the European community
GV Korean delegates
GV Australian delegates
GV German delegates
GV Belgian delegates
GV Nigerian and Mexican delegates
GV PAN ACROSS Room with delegates seated, ending on Argentine delegates
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Background: In view of the falling demand for steel in the world, members of the Organisation for Economic Co-operation and Development (OECD) began a two-day symposium in Paris on Wednesday (27 February) to attempt to solve some of the problems facing the industry. The twenty-four nations body will study ways and means of adapting the industry to present demands, and will attempt to anticipate its role in the future.
SYNOPSIS; The meeting brought together representative of governments, managements and workers unions consumers, marketers, steel importers and specialists in economic analysis.
The OECD Council established the Steel Committee in October 1978 to promote co-operation between governments towards a better understanding of the steel industry. Delegates came from not only OECD countries, but others as well.
The first day of the symposium, entitled "The Steel Industry in the 1980's", was presided over by Mr. Luther Hodges, the United States Assistant Secretary of Commerce, seated here on the left of OECD Secretary General Emile Van Lennep of the Nether lands
While one cannot truly call it a commercial war, problems have been growing between the United States and Europe over prices. The giant U.S. Steel Corporation has reportedly accused some European producers of "dumping" their excess production at prices below official tariff levels, and threatened formal complaints. But European steel expert don't agree with the general gloomy forecasts. They claim their order books are well-filled.