As of February 1, 2010, Russia utilized five percent of its new steel quota of 3,184,445 mt allocated to it by the European Union (EU) for the current year, while Kazakhstan utilized zero percent of its allocated EU quota of 205,000 mt.
According to the latest figures, Russia exported a total of 159,241 mt of steel products to the EU in the first month of the current year. Specifically, Russia used 10.88 percent of its hot rolled coil quota (118,299 of the allotted 1,087,397 mt), 1.78 percent of its plate quota (5,132 of the allotted 288,922 mt), 5.37 percent of its other flat products quota (33,560 of the allotted 625,122 mt), 0.05 percent of its alloyed CR and coated sheet quota (60 of the allotted 115.569 mt), and 0.41 percent of its long products quota (excluding beams and wire rod) (2,190 of the allotted 532,667 mt).
On the other hand, during the first month of the current year Kazakhstan did not supply any steel products to the EU.
As SteelOrbis previously reported, within the framework of the agreement signed between the EU and Russia on October 26, 2007 regarding the trade of certain steel products, the renewed quota allocated to Russia for 2010 increased by 2.5 percent compared to 2009, to 3,184,445 mt.
* All numbers are based on figures released by official European Union sources.