As previously reported by SteelOrbis, in October 2007, the European Commission and Russia signed a quota agreement for exports of Russian steel products to the EU. According to the agreement, the quota allocated to Russia for 2009 increased by 2.5 percent compared to 2008, to 3.107 million mt. The new quota became effective starting from January 2009.
The new quotas per each product are as follows:
Product |
2007 (previous quota) |
2007 |
2008 |
2009 |
SA Flat products |
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SA1 Coils |
930,975 |
1,042,090 |
1,035,000 |
1,060,875 |
SA2 Heavy plate |
195,358 |
270,820 |
275,000 |
281,875 |
SA3 Other flat products |
399,485 |
565,770 |
595,000 |
609,875 |
SA4 Alloyed products |
99,507 |
94,860 |
105,000 |
107,625 |
SA5 Alloyed quarto plates |
22,047 |
20,460 |
25,000 |
25,625 |
SA6 Alloyed CR and coated sheet |
102,597 |
105,000 |
110,000 |
112,750 |
SB Long products |
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SB1 Beams |
46,072 |
55,800 |
55,000 |
56,375 |
SB2 Wire rod |
176,993 |
275,000 |
324,000 |
332,100 |
SB3 Others |
299,685 |
474,000 |
507,000 |
519,675 |
Total: |
2,272,719 |
2,904,000 |
3,031,000 |
3,106,775 |
Moreover, in case Russia joins WTO next year, the quotas are to be eliminated in 2010. If it does not, the quota for 2010 will be also increased 2.5 percent.