Upon review of current status of the steel import quotas imposed by the European Commission, it has been seen that long steel buyers have used up almost 50 percent of the quotas as of October 22.
Details of used and remaining quota volumes for certain products as of October 22 can be seen in the table below:
Product |
Quota (volume) |
Used Quota (volume) |
Remaining quota (volume) |
Used quota (%) |
HRC |
4,269,009 |
1,228,114 |
3,040,895 |
28.8 |
CRC |
1,318,865 |
309,452 |
1,009,413 |
23.5 |
Electrical sheets (other than GOES) |
178,704 |
54,944 |
123,760 |
30.7 |
Metallic coated sheets |
2,115,054 |
676,066 |
1,438,988 |
32.0 |
Quarto plates |
1,442,988 |
479,588 |
963,400 |
33.2 |
Merchant bars and light sections |
728,270 |
301,660 |
426,610 |
41.4 |
Rebar |
714,964 |
345,463 |
369,501 |
48.3 |
Wire rod |
1,058,110 |
579,314 |
478,796 |
54.7 |
Angles, shapes and sections of iron or non alloy steel |
167,817 |
51,342 |
116,475 |
30.6 |
Gas pipes |
185,280 |
88,738 |
96,542 |
47.9 |
Hollow sections |
387,343 |
196,541 |
190,802 |
50.7 |
|
258,133 |
39,162 |
218,971 |
15.2 |
Other welded pipes |
296,274 |
123,217 |
173,057 |
41.6 |
Non alloy wire |
393,031 |
172,009 |
221,022 |
43.8 |