Quota utilization levels of Russia and Ukraine

In the first quarter of 2006, Russia utilized 34 percent of the steel quota allocated by the European Union (EU), while Ukraine utilized 28 percent of the revised quota allocated to it by the EU. In line with the recent statistics, Russia exported a total of 772,000 tons of steel products to the EU in the first quarter of 2006; the quota allocated to Russia is 2,273,000 tons for 2006. Specifically, Russia used 48 percent of its hot rolled coil quota (443,000 of 931,000 allotted tons), 37 percent of its plate quota (72,000 of 195,000 allotted tons), 33 percent of its alloy sheet quota (33,000 of 100,000 allotted tons), 17 percent of its beam quota (8,000 of 46,000 allotted tons), and 8 percent of its wire rod quota (14,000 of 177,000 allotted tons). On the other hand, Ukraine exported a total of 282,000 tons of steel products to the EU in the first quarter of 2006, filling 28 percent of its total revised quota of 1,005,000 tons. Specifically, Ukraine filled 36 percent of its coil quota (55'000 of 154'000 allotted tons), 24 percent of its heavy plate quota (87,000 of 357,000 allotted tons), 43 percent of its wire rod quota (55,000 of 128,000 allotted tons), and 18 percent of its beam quota (6,000 of 31,000 allotted tons).