EU quota utilization levels of Russia and Ukraine

In January 2007, Russia utilized five percent of the steel quota allocated to it by the European Union (EU), while Ukraine utilized 1.5 percent of its revised EU quota. However, Kazakhstan has not made use of its allocation yet. According to the latest statistics, Russia exported a total of 112,440 tons of steel products to the EU in the first month of 2007. The quota allocated to Russia for 2007 is 2,273,000 tons. Specifically, Russia used 4.4 percent of its hot rolled coil quota (41,000 of 931,000 allotted tons), 14.4 percent of its plate quota (28,185 of 195,000 allotted tons), one percent of its alloy sheet quota (992 of 100,000 allotted tons) and 2.5 percent of its wire rod quota (4,375 of 177,000 allotted tons). With regard to Ukraine, it exported a total of 15,300 tons of steel products to the EU in the first month of 2007, filling only 1.5 percent of its total quota of 1,004,500 tons. When the figures are broken down, we see that Ukraine filled two percent of its coil quota (3,110 of 154,000 allotted tons) and 0.6 percent of its heavy plate quota (2,229 of 357,000 allotted tons). *All numbers are given in round figures.