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EU quota utilization update: India assesses quotas quickly

New period of European Union (EU) quotas, India came to the forefront in the period between 01.10.2024 - 31.12.2024 with full capacity utilization as well as showing close to full utilization in some quotas.

EU quota utilization update: India assesses quotas quickly

India, consuming its entire quota of stainless bar and light section, consumed almost all its quota of stainless pipe (seamless). The minimum utilization was from the hrc quota.

SteelRadar obtained data from the European Commission indicating that India accounted for 2.6% of the 301,703 tons of hrc quota, 8.2% of the 31,102 tons of stainless hr quarto sheet quota, 19.5% of the 164,886 tons of crc quota, 34.1% of the 7,461 tons of stainless wire rod quota, 94.9% of the 54. 225 tons of 4a metallic coated sheets 94.9% of the quota, 79,455 tons of organic coated sheets 97.1% of the quota, 5,945 tons of stainless pipes (seamless) 99.5% of the quota, 32,082 tons of stainless bars and light profiles 100% of the quota.

The other countries with full capacity utilization included China with 126,629 tons of 4b metallic coated sheets and 8,161 tons of pipes (other welded), Türkiye with 15,889 tons of organic coated sheets and 99,461 tons of hollow sections and Taiwan with 46,535 tons of stainless hr quarto sheet.

EU quota utilization rates of the countries listed below:

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