EU quota utilization levels of Russia and Kazakhstan

Monday, 01 September 2008 10:14:16 (GMT+3)   |  

During the first eight months of 2008, Russia utilized 58.96 percent of the steel quota allocated to it by the European Union (EU), while Kazakhstan utilized 73.86 percent of its EU quota.

According to the latest statistics, Russia exported a total of 1,787,000 tons of steel products to the EU in the period in question. The quota allocated to Russia for 2008 is 3,031,000 tons.

Specifically, Russia used 74.34 percent of its hot rolled coil quota (769,455 of 1,035,090 allotted tons), 60.58 percent of its plate quota (166,593 of 275,000 allotted tons), 20.52 percent of its alloy sheet quota (21,542 of 105,000 allotted tons), and 37.95 percent of its wire rod quota (122,945 of 324,000 allotted tons).

On the other hand, Kazakhstan filled 73.86 percent of its hot rolled coil quota (64,354 of 87,125 allotted tons).

*All numbers are given in round figures.

* All numbers are based on the figures released by official European Union sources.


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