In the first seven months of 2007, Russia utilized 67 percent of the steel quota allocated to it by the European Union (EU), while Ukraine utilized 55 percent of its revised EU quota. On the other hand, Kazakhstan utilized only 15 percent of its allocation.
According to the latest statistics, Russia exported a total of 1,527,630 tons of steel products to the EU in the first seven months of 2007. The quota allocated to Russia for 2007 is 2,273,000 tons.
Specifically, Russia used 76 percent of its hot rolled coil quota (709,565 of 931,000 allotted tons), 67 percent of its plate quota (131,803 of 195,000 allotted tons), 22 percent of its alloy sheet quota (21,860 of 100,000 allotted tons), 12 percent of its beam quota (5,530 of 46,000 allotted tons), and 62 percent of its wire rod quota (108,880 of 177,000 allotted tons).
With regard to Ukraine, it exported a total of 732,678 tons of steel products to the EU in the first seven months of 2007, filling 55 percent of its revised quota of 1,320,000 tons.
When the figures are broken down, we see that Ukraine filled 53 percent of its hot rolled coil quota (101,312 of 190,000 allotted tons), 72 percent of its heavy plate quota (280,000 of 390,000 allotted tons), 49 percent of its beam quota (24,715 of 50,000 allotted tons), and 55 percent of its wire rod quota (107,316 of 195,000 allotted tons).
Finally, Kazakhstan exported a total of 31,116 tons of steel products to the EU in the first seven months of 2007, filling 15 percent of its total quota of 205,000 tons.
Specifically, Kazakhstan filled 20 percent of its hot rolled coil quota (17,315 of 87,125 allotted tons), and 12 percent of its other flat rolled quota (13,596 of 118,000 allotted tons).
*All numbers are given in round figures.
* All numbers are based on the figures released by official European Union sources