EU steel quota utilization levels of Russia and Kazakhstan

Monday, 22 November 2010 11:30:52 (GMT+3)   |  
       

As of November 17, 2010, Russia utilized 58.7 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 1,868,541 mt of steel products to the EU in the current year up to November 17, including 1,657,356 mt of flat steel products (i.e., about 73.5 percent of the allotted 2,253,592 mt) and 211,185 mt of long steel products (i.e., 22.7 percent of the allotted 930,853 mt).

Specifically, Russia used 92.1 percent of its hot rolled coil quota (1,001,588 of the allotted 1,087,397 mt), 43.45 percent of its plate quota (125,541 of the allotted 288,922 mt), 30.4 percent of its alloyed cold rolled and coated sheet quota (35,114 of the allotted 115,569 mt), and 20.67 percent of its wire rod quota (70,376 of the allotted 340,402 mt). Meanwhile, during the period in question, Russia also exported 195 mt of steel beams to EU countries, using 0.34 percent of its allotted quota of 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

Metinvest expands its distribution network in Russian Federation

09 Aug | Steel News

Nucor nearly doubles earnings in Q2

22 Jul | Steel News

Japan increases construction steel output

23 May | Steel News

Japan’s steel exports up by 2.2 percent in Q1

02 May | Steel News

Japan’s steel exports rise by six percent in Feb over Jan

07 Apr | Steel News

Japanese crude steel output rises for third straight month in February

23 Mar | Steel News