EU quota utilization levels of Russia and Kazakhstan

Monday, 02 November 2009 08:29:12 (GMT+3)   |  
       

As of November 2, 2009, Russia utilized 44.3 percent of the steel quota allocated to it by the European Union (EU) for the current year, while Kazakhstan utilized 1.25 percent of its allocated EU quota of 205,000 mt.

According to the latest statistics, Russia exported a total of 1,377,077 tons of steel products to the EU in the period in question. The quota allocated to Russia for 2009 is 3,106,775 tons.

Specifically, Russia used 71.6 percent of its hot rolled coil quota (759,520 of 1,060,875 allotted tons), significantly increasing its deliveries of the products in question to the EU, with deliveries rising by 16.65 percent in October alone. In addition, Russia utilized 22.84 percent of its plate quota (64,376 of 281,875 allotted tons), 38.77 percent of its alloy sheet quota (41,723 of 107,625 allotted tons), and 23 percent of its wire rod quota (76,423 of 332,100 allotted tons).

On the other hand, in September Kazakhstan commenced its steel product exports to the EU for the current year, supplying a total of 2,558 mt of flat rolled products up to the end of October, excluding hot rolled coils and heavy plates, using 2.17 percent of its allotted quota of 117,875 tons for flat rolled products.

*All numbers are given in round figures.
                
* All numbers are based on figures released by official European Union sources.


Similar articles

European long steel buyers use up almost half of import quotas as of late October

23 Oct | Steel News

Canada imposes provisional safeguard measures on certain steel imports

12 Oct | Steel News

CISA: China composite steel price index down 2.58 percent during Dec

23 Jan | Steel News

Japan's iron and steel product exports down 7.2% while imports up 37.3% in H1

30 Jul | Steel News

Slowdown in Turkey’s steel exports continues in September

17 Sep | Steel News

US stainless steel imports and consumption surge in November

15 Feb | Steel News

US stainless steel imports and consumption swell in September

14 Dec | Steel News

Weekly US roundup: Flats stabilize as longs soften

25 Oct | Steel Matters

Japanese iron and steel exports rise 4.3 percent in September

02 Nov | Steel News

Japanese iron and steel exports up 3.4 percent in August

02 Oct | Steel News