EU increases quotas for Russian steel exports

Thursday, 02 December 2010 16:25:45 (GMT+3)   |  
       

Within the framework of the agreement signed between the European Community and Russia on October 26, 2007 regarding the trade of certain steel products, the renewed quota allocated to Russia for 2011 has increased by 2.5 percent compared to 2010, from 3,184,445 mt to 3,264,057 mt.

According to the official release issued by the European Commission on November 16, the new quotas for Russian steel exports to the EU for 2011 (original 2009 and 2010 figures are included for comparison) are as follows:   

Product 

2009 (mt)

2010 (mt)

2011 (mt)

SA Flat products

   

SA1 Coils

1,060,875

1,087,397

1,114,582

SA2 Heavy plate

281,875

288,922

296,145

SA3 Other flat products

609,875

625,122

640,750

SA4 Alloyed products

107,625

110,316

113,074

SA5 Alloyed quarto plates

25,625

26,266

26,922

SA6 Alloyed CR and coated sheet

112,750

115,569

118,458

SB Long products

   

SB1 Beams

56,375

57,784

59,229

SB2 Wire rod

332,100

340,402

348,913

SB3 Others

519,675

532,667

545,984

Total:

3,106,775

3,184,445

3,264,057

The agreement provides that unused quantities for a given year may be carried over to the following year up to a maximum of seven percent of the relevant quantitative limit set out in the agreement. As in 2009, in the current year Russia has notified the Community of its intent to make use of this provision. The new adjusted quotas per each product for the year 2010, resulting from Russia's request, are as follows:  

Product 

2010 (mt)

SA Flat products

SA1 Coils

1,117,305

SA2 Heavy plate

310,167

SA3 Other flat products

670,709

SA4 Alloyed products

118,360

SA5 Alloyed quarto plates

28,196

SA6 Alloyed CR and coated sheet

123,999

SB Long products

SB1 Beams

62,018

SB2 Wire rod

365,262

SB3 Others

574,233

Total:

3,370,249

The regulation entered into force on the day following its publication, i.e., November 17, 2010.


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