9,224.84 TRY BIST 100 BIST 100
5.32 CNY CNY CNY
43.76 EUR EUR EUR
38.44 USD USD USD
0.12 CNY CNY/EUR CNY/EUR
46.98 TRY Interest Interest
63.56 USD Fossil Oil Fossil Oil
40.67 USD Silver Silver
4.76 USD Copper Copper
98.50 USD Iron Ore Iron Ore
325.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,094.11 TRY Gold (gr) Gold (gr)

Slow progress in EU quota usage: Countries take cautious stance

Based on data obtained from the European Commission, SteelRadar evaluated the quotas of countries in the second month of the new quota period between January 1 and March 31.

Slow progress in EU quota usage: Countries take cautious stance

However, a slow progress in quota filling was observed in the weekly quota evaluation.

China, India and Türkiye stand out by using some of the products at full capacity from their allocated import quotas. These countries followed a similar course in filling quotas. However, in general, EU countries have a cautious attitude towards the use of quotas.

While China fully utilized the 4B metallic coated sheets quota of 126,603 tons, the pipe (other welded) quota of 7,971 tons and the sheet pile quota of 6,910 tons; India will supply all stainless bars and light profiles with an initial quota of 31,333 tonnes; Türkiye, on the other hand, used its entire quota of 14,743/t pipe (wide seam) and 1,536/t railway materials.

According to SteelRadar's analysis, in a period when quota usage exceeds 50% for some products, EU countries are generally adopting a more cautious approach to filling quotas. The effects of this slowdown in progress on the sector are being closely monitored.

The quota usage pattern of the countries is as follows:

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Investment opportunities in Tashkent

Wednesday, April 30, 2025

DNA PC Strand is the Silver Sponsor of Steel Summit 2025!

Wednesday, April 30, 2025

Türkiye's iron and steel export value increased by 18% in March

Wednesday, April 30, 2025

TUBACEX IBF Kazakhstan to build seamless pipe production plant in Kazakhstan

Wednesday, April 30, 2025

Saudi Arabia and Egypt deepen cooperation in steel production and exports

Wednesday, April 30, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now