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Asian region 2023 EU steel quotas situation analysis

According to the information obtained by the SteelRadar team from official sources, the status of EU steel quotas in the Asian region in the first quarter was evaluated.

Asian region 2023 EU steel quotas situation analysis

As of the first quarter of 2023, a volumetric decrease was observed in EU steel quotas. In addition, the filling speed of the quotas has also slowed down considerably.

When the quotas opened for the Asian region are examined, it was noted that the quotas opened especially for rebar could not be filled.

4A and 4B metallic coated sheets were the products that showed the best results.

So how were the EU steel quotas analyzed for the Asian region?

When the quotas for India are evaluated on a product basis;

INDİA

76% of the 370.063/t quota opened for CRC remains. In the second quarter, 155,268/t quota was opened.

69% of the 613,526/t quota opened for HRC remains. In the second quarter, 284,105/t quota was opened.

2% of the 70,445/t quota for 4A Metallic Coated Sheets remained. In the second quarter, 51,063/t quota was opened.

82% of the 150.193/t quota for 4B Metallic Coated Sheets remained. In the second quarter, 72,908/t quota was opened.

24% of the 81,193/t quota for Organic Coated Sheets remained. In the second quarter, 74,820/t quota was opened.

93% of the 67,067/t quota opened for Stainless HR Quarto Plate remains. 29,288/t quota was opened in the second quarter.

The quota for Stainless Bars and Light Sections is almost full by 1%. A quota of 30,211/t was opened in the second quarter.

The quota for Stainless Wire Rod has been filled. In the second quarter, 7.026/t quota was opened.

Quota for Seamless Stainless Tubes and Pipes has been reached. In the second quarter, 5.598/t quota was opened.

China 

When the quotas opened for China are evaluated on a product basis;

The quota of 29.130/t for 3B Electrical Sheets has been filled. 29,453/t quota was opened in the second quarter.

11% remained from the quota of 131,248/t for 4B Metallic Coated Sheets. In the second quarter, 122,068/t quota was opened.

89% of the 7,304/t quota for Stainless HR Quarto Plate is left. A quota of 4,680/t was opened in the second quarter.

Quota for Non Alloy and Other Alloy Merchant Bars and Light Sections has been filled. In the second quarter, 133,536/t quota was opened.

57% of the 1,519/t quota for Stainless Wire Rod remained. 1.532/t quota was opened in the second quarter.

The quota of 6.590/t for Sheet Piling has been filled. A quota of 6.663/t was opened in the second quarter.

The quota of 1,417/t opened for Railway Materials is almost filled with 1%. In the second quarter, 1.433/t quota was opened.

34% of the 1.057/t quota for Seamless Stainless Tubes and Pipes remained. 879/t quota was opened in the second quarter.

The quota for Other Seamless Tubes has been reached. A quota of 36,544/t was opened in the second quarter.

The quota for Other Welved Pipes has been reached. A quota of 7,685/t was opened in the second quarter.

Of the 44.8987t quota opened for Non-alloy and other alloy cold finished bars, 66% remain. A quota of 25,619/t was opened in the second quarter.

69% of the 143.929/t quota for Non Alloy Wire remained. A quota of 75,170/t was opened in the second quarter.

 south korea

When the quotas opened for South Korea are evaluated on a product basis;

Of the 115.900/t quota opened for CRC, 27% remain. A quota of 90,052/t was opened in the second quarter.

17% of the 218,104/t quota opened for HRC remains. A quota of 177,416/t was opened in the second quarter.

93% of the 728/t quota opened for 3A Electrical Sheets remains. A quota of 242/t was opened in the second quarter.

Of the 74,399/t quota for 3B Electrical Sheets, 78% remains. 33.492/t quota was opened in the second quarter.

6% of the quota of 35,546/t opened for 4A Metallic Coated Sheets remains. 35.723/t quota was opened in the second quarter.

Of the 193,549/t quota for 4B Metallic Coated Sheets, 31% remained. A quota of 158.423/t was opened in the second quarter.

11% of the quota of 66,877/t for Organic Coated Sheets remained. In the second quarter, 67,620/t quota was opened.

Of the 87,174/t quota for Stainless HR Quarto Plate, 81% remained. A quota of 47,254/t was opened in the second quarter.

16% of the 2,237/t quota for Stainless Wire Rod is left. A quota of 2,262/t was opened in the second quarter.

15% left from the quota of 1.125/t for Seamless Stainless Tubes and Pipes. 1.102/t quota was opened in the second quarter.

 Taiwan

When the quotas for Taiwan are evaluated on a product basis;

57% of the 39,800/t quota for 3B Electrical Sheets is left. A quota of 23,036/t was opened in the second quarter.

55% of the 31,641/t quota for Organic Coated Sheets remained. A quota of 21,672/t was opened in the second quarter.

The quota of 43,339/t for Stainless HR Quarto Plate has been filled. In the second quarter, 43,821/t quota was opened.

43% of the 5,980/t quota for Stainless Wire Rod remained. A quota of 1.520/t was opened in the second quarter.

72% of the 18,217/t quota for Other Welved Pipes remains. In the second quarter, 8.577/t quota was opened.

 Japan

When the quotas opened for Japan are evaluated on a product basis;

9% of the 1,600/t quota for Stainless Wire Rod is left. A quota of 1.520/t was opened in the second quarter.

76% of the 2,193/t quota for Seamless Stainless Tubes and Pipes remained. A quota of 1.025/t was opened in the second quarter.

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