HUNGARIAN IRON ORE REQUIREMENTS

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00457R002900270009-6
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 1
• Document Creation Date: December 20, 2016
• Document Release Date: March 23, 2006
• Sequence Number: 9
• Publication Date: June 30, 1949
• Content Type: REPORT

COONTxY `Hungary
CLASSIFICATION
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SUBJE4 T Hungarian Iron Ore Requirements
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CENTRAL INTELLIGENCE AGENCY I
INFORMATION REPORT, CD NO.
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SUPPLEMENT
REPORT NO.
THIS IS UNEVALUATED INFORMATION
1o Yugoslav deliveries of iron ore to Hungary during 19118 were approximately
120,000 tons short of the contracted amount. No deliveries were made
during I4ovember and December 19118.
?. In February 19119, a special agreement was concluded between the two
countries whereby Yugoslavia promised to deliver this balance of
approximately 120,000 tons, together with an additional 110,000 tons, by
the end of June 1949.
3. In the present trade negotiations between the two countries, which started
at the beginning of April 1949 and have not yet led to positive results,
Yugoslavia is offering 100,000. tons of iron ore instead of the 400,000
tons on which Hungary had been counting. It is not known whether tho
additional 40,000 tons referred to in the preceding paragraph is included
in this 100,000 tons.
4. To cover the gap caused in its iron ore requirements, Hungary has now
finally decided to purchase the 3008000 tons of Krivoi Rog iron ore which
the Soviet Union offered during the trade negotiations between the two
countries last autumn. Previously it had been decided not to take ad..
vantage of this offer as the Krivoi-Rog ore is not suitable to Hungarian
blast furnaces. Only half of it can be used without "agglomeration",
and Hungarian agglomeration plants are not working,,
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Approved For Release 2006/04/13 : CIA-RDP82-00457R002900270009-6