As the first month of the EU quota period from January 1 to March 31 approaches, some import quotas for certain types of steel products allocated to Turkey, Taiwan and China have already been exhausted, while more than 60 percent of quotas for some types of steel products have been used up, according to the European Commission.
Considering exhausted quotas, Taiwan used its entire quota of 22,539 tons for organic coated sheets and its entire quota of 13,256 tons for tin factory products, while China exhausted its quota of 7,992 tons for other welded pipes. Turkey has used up its entire quota of 15,559 tons for organic-coated sheets, while the country has exhausted its quota of 116,832 tons for metal-coated (4A) sheets allocated under "other countries".
Regarding other quotas allocated to Turkey, the country used 86.08 percent, 74.38 percent and 95.26 percent of its quota of 393,977 tons for HRC (1A), its quota of 97,074 tons for wire rod and its quota of 18,833 tons for gas pipes, respectively. In addition, the country has also exhausted 99.57 percent of its quota of 43,033 tons for CRC allocated under "other countries".
South Korea has exhausted 60.95 percent and 96.53 percent of its quota of 164,743 tons for metal-coated (4B) sheets and its quota of 70,318 tons for organic-coated sheets, respectively. China spent 72.18 percent of its quota of 30,628 tons on electrical sheets (3B), while India spent 92.29 percent of its quota of 77,805 tons on organic coating
