As the first quarter of the EU quota period from January 1 to March 31 comes to an end, some import quotas for certain types of steel products allocated to South Korea, China, Turkey and Macedonia have already been exhausted, while more than 70 percent of quotas for certain types of steel products have already been exhausted. According to the European Commission, they have been used up.
.Taking into account the exhausted quotas, South Korea used all of its 38,622 million tons of quotas for the production of electrical steel sheets (3B) and 37,148 million tons of quotas for the production of metal-coated sheets (4A), while the country exceeded its quota of 70,318 million tons for the production of organic-coated sheets, from of which 222 million tons account for the production of sheet steel with a metal coating. goods awaiting customs clearance. China has exceeded its quotas for the supply of 126,937 thousand tons and 138,863 thousand tons of metal-coated (4B) sheets and trade bars and light profiles, respectively, and 4,468 thousand tons and 3,386 thousand tons of related products are expected to arrive at EU ports. In addition, Turkey has exhausted its quota for the supply of fittings in the amount of 93,454 tons, while Macedonia has exceeded its quota for the supply of hollow profiles in the amount of 25,948 tons, and 21 tons of products are awaiting customs clearance.
Meanwhile, South Korea used 95.72% and 93.27% of its quota of 159,532 thousand tons for the production of HRC (1A) and 164,743 thousand tons for the production of metal-coated sheets (4B), respectively, while the UK used 96.73% of its quota of 35,001 thousand tons for the production of metal-coated sheets (4A) Turkey used 92.62% of its quota of 105,174 tons for the supply of long products and light profiles, while Macedonia used 92.95% of its quota of 6,955 tons for the supply of gas pipes.
Regarding the quotas allocated in the "other countries" section, Taiwan used 99.95% of its quota of 116,832 tons for the production of metal-coated sheets (4A), while Vietnam used 99.99% of its quota of 14,924 tons for the production of wire rod. In addition, 97.22 percent of the 103,731 tons of the quota allocated to other countries for the production of metal-coated sheets (4B) were consumed.
.The use of quotas for other products can be seen in the table below.
Author: SteelOrbis Editorial Team
Steelorbis.com
