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EU wire rod sees highest quota utilization in the first quarter

The first quota period of the year covering January 1–March 31 under the EU steel quotas has come to an end. Data for the period shows that many countries fully utilized their allocated quotas across various product categories.

EU wire rod sees highest quota utilization in the first quarter

According to data compiled by SteelRadar based on European Commission figures, South Korea fully utilized its quotas of 38,622 tons for category 3B electrical sheets and 37,148 tons for category 4A metallic coated sheets. Taiwan also reached 100% utilization in its 22,536-ton quota for organic coated sheets.

Turkey was among the countries that fully exhausted quotas across the highest number of product categories in the first quarter. The country filled its quotas of 97,074 tons of wire rod, 93,454 tons of rebar, 15,559 tons of organic coated sheets, 1,715 tons of railway materials, 37,698 tons of other welded tubes, and 14,782 tons of large welded tubes.

India reached 100% utilization in its quotas of 31,416 tons for stainless bars and light sections, and 5,821 tons for stainless seamless pipes.

China fully used its quotas of 6,929 tons of sheet piling, 34,005 tons of other seamless pipes, and 7,992 tons of other welded pipes.

North Macedonia was also among the countries that fully utilized its quota, filling its 25,948-ton allocation for hollow sections.

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