EU steel quota utilization levels of Russia and Kazakhstan

Monday, 04 October 2010 11:18:44 (GMT+3)   |  
       

As of October 1, 2010, Russia utilized 54.4 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 1,733,148 mt of steel products to the EU in the current year up to October 1, including 1,555,293 mt of flat steel products (i.e., about 69 percent of the allotted 2,253,592 mt) and 177,855 mt of long steel products (i.e., 19 percent of the allotted 930,853 mt).

Specifically, Russia used 89.6 percent of its hot rolled coil quota (974,492 of the allotted 1,087,397 mt), 33.57 percent of its plate quota (96,995 of the allotted 288,922 mt), 29.9 percent of its alloyed cold rolled and coated sheet quota (34,553 of the allotted 115,569 mt), and 17.9 percent of its wire rod quota (60,926 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.


Similar articles

WISCO issues steel prices for December shipment

14 Nov | Flats and Slab

Slowdown in Turkey’s steel exports continues in September

17 Sep | Steel News

WISCO issues steel prices for June shipment

17 May | Flats and Slab

WISCO issues steel prices for March shipment

14 Feb | Flats and Slab

Nucor nearly doubles earnings in Q2

22 Jul | Steel News

EU steel quota utilization levels of Russia and Kazakhstan

02 Aug | Steel News

Japanese monthly crude steel output hits 19-month high in May

18 Jun | Steel News

EU quota utilization levels of Russia and Kazakhstan

02 Jun | Steel News

China’s crude steel ouput rises 26.59 percent in Dec 2009

27 Jan | Steel News

Angang releases ex-factory prices for May

09 Apr | Steel News