EU steel quota utilization levels of Russia and Kazakhstan

Thursday, 02 September 2010 11:35:48 (GMT+3)   |  
       

As of September 2, 2010, Russia utilized 50.76 percent of its 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 1,616,581 mt of steel products to the EU in the current year up to September 2, including 1,461,142 mt of flat steel products (i.e., about 65 percent of the allotted 2,253,592 mt) and 155,439 mt of long steel products (i.e., 16.7 percent of the allotted 930,853 mt).

Specifically, Russia used 88.65 percent of its hot rolled coil quota (963,951 of the allotted 1,087,397 mt), 25.5 percent of its plate quota (73,702 of the allotted 288,922 mt), 29.9 percent of its alloyed cold rolled and coated sheet quota (34,568 of the allotted 115,569 mt), and 17.66 percent of its wire rod quota (60,110 of the allotted 340,402 mt). Meanwhile, during the period in question, Russia did not export any steel beams to EU countries, with its quota standing at 57,784 mt.

On the other hand, in the given period Kazakhstan did not supply any steel products to the EU.

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


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