Demand for EU steel quotas varied across countries and products

At the HRC, South Korea filled 92.05% of the quota allocated to the country

South Korea realized the highest filling of the EU allocated quotas for hot rolled coil (HRC). The country used 171,236/t of its initial quota of 186,030/t, while the remaining utilization was recorded as 14,794 /t.

India used 96,604/t of its 297,900/t quota. The remaining quota amount was recorded as 201,296/t.

Of the 469,183/t quota allocated to Turkey, 63,926/t, or 13.62%, was filled.

South Korea had the highest quota utilization in CRC

Of the 94,425/t quota allocated for South Korea, 32,858/t was used. The remaining quota amount was recorded as 61,567/t. The United Kingdom, which saw less demand in HRC, filled 33.74% of its quota with 29,441/t utilization in CRC.

Moldova was the most demanding country for rebar

Among the 3 countries including Bosnia and Herzegovina and Turkey in EU quotas, Moldova achieved the highest utilization rate and outperformed the demand.

While 6,879/t of the 28,333/t allocated to Moldova was used, 5,763/t of the 33,900/t allocated to Bosnia and Herzegovina met the demand. While the highest quota was allocated to Turkey with 94,233/t, Turkey filled only 3,765/t of this quota.

Other countries and products were as follows;