According to an official release issued by the European Commission on December 13, the new quotas allocated for Ukrainian steel exports to the EU for 2008 are as follows:
Product | 2007 | 2008 |
SA Flat products |
|
|
SA1 Coils | 190,000 | 194,750 |
SA2 Heavy plate | 390,000 | 399,750 |
SA3 Other flat products | 140,000 | 143,500 |
SB Long products |
|
|
SB1 Beams | 50,000 | 51,250 |
SB2 Wire rod | 195,000 | 199,875 |
SB3 Others | 355,000 | 363,875 |
Total: | 1,320,000 | 1,353,000 |
The agreement signed between the parties on June 18, 2007 stipulates that the quotas should increase by 2.5 percent automatically, unless Ukraine decides to denounce the agreement.