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US leads available EU stainless CRC TRQ
Significant portions of EU fourth-quarter tariff rate quota (TRQ) allocations for stainless cold-rolled sheet and strip remain available for several countries, with the exception of Taiwan and Turkey, Kallanish notes from the EU customs portal.
Taiwan completely exhausted its allocation of 46,583 tonnes on 28 October. Turkey consumed 85% of its allocation, leaving only 3,493t available out of a Q4 allocation of 22,910t.
South Korea, having the largest single-country allocation of 63,756t in Q4, has 29,845t or 47% still available. South Africa has also shown moderate usage, with 14,817t or 48% of its TRQ available.
Countries subject to safeguard measures have 70,101t or 64% of their total TRQ allocation available.
India has also underutilised its Q4 quota allocation, having 45,863t or 84% of its allocation available as of 11 December.
The US has the highest available quota, with 45,955t remaining, representing 97% of its total Q4 allocation.
Origin | Quota 01.10.24- 31.12.24 |
Transferred | Total | Balance | Awaiting allocation |
Available | Available TRQ % |
South Korea | 50,182 | 13,575 | 63,756 | 35,014 | 5,169 | 29,845 | 47 |
Taiwan | 46,535 | 48 | 46,583 | – | – | – | – |
India | 31,103 | 23,381 | 54,483 | 46,027 | 164 | 45,863 | 84 |
South Africa | 27,064 | 3,607 | 30,672 | 14,958 | 141 | 14,817 | 48 |
United States | 25,305 | 22,190 | 47,496 | 45,990 | 34 | 45,955 | 97 |
Türkiye | 21,057 | 1,853 | 22,910 | 3,546 | 53 | 3,493 | 15 |
Countries subject to safeguard measures | 66,853 | 42,373 | 109,226 | 70,488 | 387 | 70,101 | 64 |
United Kingdom* | 32 | 22 | 54 | 49 | – | 49 | 90 |
*to Northern Ireland from other parts of the UK
Source: EU TARIC, as of 11 December. Calculated by Kallanish
Elina Virchenko UAE