Quota utilization levels of Russia, Ukraine and Kazakhstan

Monday, 02 October 2006 11:12:51 (GMT+3)   |  
       

In the first nine months of 2006, Russia utilized 68 percent of the revised steel quota allocated to it by the European Union (EU), while Ukraine utilized 76 percent of the revised quota allocated to it by the EU and Kazakhstan utilized 68 percent of its allocation. According to the latest statistics, Russia exported a total of 1,648,000 tons of steel products to the EU in the first nine months of 2006. The revised quota now allocated to Russia is 2,428,000 tons for 2006. Specifically, Russia used 80 percent of its hot rolled coil quota (799,000 of 995,000 allotted tons), 73 percent of its plate quota (147,000 of 201,000 allotted tons), 47 percent of its alloy sheet quota (48,500 of 103,000 allotted tons), 43 percent of its beam quota (21,500 of 50,000 allotted tons), and 60 percent of its wire rod quota (117,650 of 195,000 allotted tons). With regard to Ukraine, it exported a total of 812,500 tons of steel products to the EU in the first nine months of 2006, filling 76 percent of its total quota of 1,065,000 tons. When the figures are broken down, we see that Ukraine filled 98 percent of its coil quota (166,000 of 169,000 allotted tons), 68 percent of its heavy plate quota (248,000 of 364,000 allotted tons), 54 percent of its wire rod quota (74,800 of 138,000 allotted tons), and 87 percent of its beam quota (28,000 of 33,000 allotted tons). Finally, Kazakhstan exported a total of 140,000 tons of steel products to the EU in the first nine months of 2006, filling 68 percent of its total quota of 205,000 tons. Specifically, Kazakhstan filled 92 percent of its hot rolled coil quota (80,000 of 87,000 allotted tons) and 51 percent of its other flat rolled quota (60,000 of 118,000 allotted tons). *All numbers are given in round figures.

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