EU quota utilization levels of Russia, Ukraine and Kazakhstan

Wednesday, 01 November 2006 11:14:33 (GMT+3)   |  
       

In the first ten months of 2006, Russia utilized 74 percent of the revised steel quota allocated to it by the European Union (EU), while Ukraine utilized 83 percent of its revised EU quota and Kazakhstan utilized 71 percent of its allocation. According to the latest statistics, Russia exported a total of 1,807,000 tons of steel products to the EU in the first ten months of 2006. The revised quota now allocated to Russia is 2,428,000 tons for 2006. Specifically, Russia used 85 percent of its hot rolled coil quota (842,540 of 995,000 allotted tons), 87 percent of its plate quota (175,500 of 201,000 allotted tons), 48 percent of its alloy sheet quota (49,840 of 103,000 allotted tons), 49 percent of its beam quota (24,600 of 50,000 allotted tons), and 68 percent of its wire rod quota (132,400 of 195,000 allotted tons). With regard to Ukraine, it exported a total of 876,000 tons of steel products to the EU in the first ten months of 2006, filling 83 percent of its total quota of 1,066,000 tons. When the figures are broken down, we see that Ukraine filled 99 percent of its coil quota (167,500 of 169,000 allotted tons), 74 percent of its heavy plate quota (271,000 of 364,000 allotted tons), 62 percent of its wire rod quota (85,700 of 138,600 allotted tons), and 92 percent of its beam quota (30,000 of 33,000 allotted tons). Finally, Kazakhstan exported a total of 145,000 tons of steel products to the EU in the first ten months of 2006, filling 71 percent of its total quota of 205,000 tons. Specifically, Kazakhstan filled 95 percent of its hot rolled coil quota (82,000 of 87,000 allotted tons) and 53 percent of its other flat rolled quota (62,700 of 118,000 allotted tons). *All numbers are given in round figures.

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