The EU’s tariff-rate quotas for hot rolled coil from Egypt, Vietnam, Japan, and Taiwan were exceeded on the first day of the fourth quarter, Kallanish notes from the EU customs portal.
Each of these origin’s quotas is capped at 15% of the overall 945,665-tonne volume available in the “other countries” quota.
Japan registered an allocation of 251,333t, exceeding its quota of 141,850t by 77%. Vietnam submitted 242,292t, surpassing its quota by 71%. Taiwan filled 155,950t, exceeding its quota by 10%. Egypt submitted 144,518t, which is 2% above its quota.
Turkey, which holds the largest individual quota of 475,174t, submitted 78,991t, leaving 83% of its quota still available. In the third quarter, Turkey supplied 456,910t, with only 4% of its third-quarter quota remaining by the end of the period.
Origin | Quota 01.10-31.12.2024 | Imported | Balance | Awaiting allocation | Remaining | Available TRQ % |
Russia | not applicable | |||||
Türkiye | 475,174 | 0 | 475,174 | 78,991 | 396,183 | 83 |
India | 301,704 | 0 | 301,704 | – | 301,704 | 100 |
Korea | 188,405 | 0 | 188,405 | 718 | 187,687 | 100 |
United Kingdom | 157,608 | 0 | 157,608 | 25 | 157,583 | 100 |
Serbia | 167,257 | 0 | 167,257 | 1,512 | 165,745 | 99 |
Other countries, inc: | ||||||
Egypt | 141,850 | 0 | 141,850 | 144,518 | -2,668 | -2 |
Vietnam | 141,850 | 0 | 141,850 | 242,292 | -100,442 | -71 |
Japan | 141,850 | 0 | 141,850 | 251,333 | -109,483 | -77 |
Taiwan | 141,850 | 0 | 141,850 | 155,950 | -14,100 | -10 |
Australia | 141,850 | 0 | 141,850 | – | 141,850 | 100 |
Switzerland | 141,850 | 0 | 141,850 | – | 141,850 | 100 |
United States | 141,850 | 0 | 141,850 | – | 141,850 | 100 |
Libya | 141,850 | 0 | 141,850 | – | 141,850 | 100 |
Canada | 141,850 | 0 | 141,850 | – | 141,850 | 100 |
Total other countries | 945,665 | 0 | 1,276,648 | 794,094 | 151,571 | 51 |
Total | 2,235,812 | 0 | 2,566,795 | 875,339 | 1,360,473 | 76 |
Source: EU TARIC, as of 2 October. Calculated by Kallanish
Elina Virchenko UAE