EU steel quota utilization levels of Russia and Kazakhstan

Monday, 22 November 2010 11:30:52 (GMT+3)   |  

As of November 17, 2010, Russia utilized 58.7 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 1,868,541 mt of steel products to the EU in the current year up to November 17, including 1,657,356 mt of flat steel products (i.e., about 73.5 percent of the allotted 2,253,592 mt) and 211,185 mt of long steel products (i.e., 22.7 percent of the allotted 930,853 mt).

Specifically, Russia used 92.1 percent of its hot rolled coil quota (1,001,588 of the allotted 1,087,397 mt), 43.45 percent of its plate quota (125,541 of the allotted 288,922 mt), 30.4 percent of its alloyed cold rolled and coated sheet quota (35,114 of the allotted 115,569 mt), and 20.67 percent of its wire rod quota (70,376 of the allotted 340,402 mt). Meanwhile, during the period in question, Russia also exported 195 mt of steel beams to EU countries, using 0.34 percent of its allotted quota of 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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