EU rebar 2023 first quarter quotas have been announced. According to the evaluations in our country-based approach;
A decrease is observed in the quota opened to Turkey.
For Turkey, which filled the quota of 90,856/t in the last quarter of 2022, a quota of 88,881/t was announced in the first quarter of 2023. This figure was seen as a decrease of approximately -2.22% compared to the last quarter of last year. When analyzed on a ton basis, a decrease of 1,975/t was recorded. Due to insufficient demand, 33,938/t has been filled so far, while the remaining quota amount has been 54,943/t.
The remaining quotas from last year were transferred to Bosnia and Herzegovina.
Bosnia and Herzegovina, which closed the last quarter of 2022 with a quota of 43.192/t, was transferred to the first quarter of 2023 and announced as 59.614/t. According to the figures, the non-transferred version was calculated as 31.975/t compared to the previous year. Accordingly, a decrease of 11,217/t was observed with a decrease of -25.97%. So far, we see that the quota filled to 4.374/t is an open quota of 55.240/t.
The quotas opened to Moldova also decreased compared to the previous quarter.
From the Moldovan quota, which was announced in the last quarter of last year, 27,747/t, 17,087/t was transferred to this year. With the transferred figure, it was seen as 43,811/t in the first quarter of 2023. This figure was recorded as -3.68%, or 1.023/t decrease. While the quota filled so far is 6.966/t, 36.845/t is waiting to be filled.
Turkey was the only country that did not have a quota transferred.
In short, Turkey was the only country that could not have a transferred quota. Due to high demand in the last quarter of 2022, rebar quotas, which were fully filled on the day they were announced, are progressing slowly in the first quarter of the new year. Moldova entered the first quarter of the new year with a rollover quota of 17,087/t, and Bosnia and Herzegovina, 27.639/t, from the last quarter of last year.
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