EU steel quota utilization levels of Russia and Kazakhstan

Monday, 02 August 2010 16:29:54 (GMT+2)

As of July 30, 2010, Russia utilized 47.37 percent of its steel quota of 3,184,445 mt allocated to it by the European Union (EU) for the current year, while Kazakhstan utilized zero percent of its allocated EU quota of 205,000 mt.
 
According to the latest figures, Russia exported a total of 1,508,377 mt of steel products to the EU in the current year up to July 30, including 1,379,371 mt of flat steel products (i.e., 61.2 percent of the allotted 2,253,592 mt) and 129,006 mt of long steel products (i.e., 13.9 percent of the allotted 930,853 mt).

Specifically, Russia used 85.75 percent of its hot rolled coil quota (932,461 of the allotted 1,087,397 mt), 19.5 percent of its plate quota (56,340 of the allotted 288,922 mt), 29.7 percent of its alloyed cold rolled and coated sheet quota (34,326 of the allotted 115,569 mt), and 14.36 percent of its wire rod quota (48,890 of the allotted 340,402 mt). Meanwhile, during the period in question, Russia did not export any steel beams to EU countries, with its quota standing at 57,784 mt.

On the other hand, in the given period Kazakhstan did not supply any steel products to the EU.

* All numbers are based on figures released by official European Union sources.

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