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.