Ukrainian steel companies have almost exhausted their current round of EU supply quotas for some products, show national metals association Ukrmetallurgprom data. The new quotas are from 1 July 2020-31 June 2021.
Ukrainian rebar shipments to the EU have amounted to 40,400 tonnes, fulfilling 98.67% of the 40,900t quota, Kallanish notes.
As of 30 September, Ukraine had exhausted 97.44% of its quota for seamless stainless steel pipes, supplying 3,300t versus the available 3.400t.
The supply of unalloyed wire to the EU reached 98.12% of the quota, with deliveries of 17,200t form the available 17,500t.
As of 1 July, all individual EU quotas are distributed not on an annual basis, but on a quarterly basis, Ukrmetallurgprom reminds.
The quarterly system for issuing country quotas will operate for a year. After the quota is exhausted, further imports are subject to a 25% duty.