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The latest situation in the EU South Korean steel quotas!

The EU's South Korea 2023 First quarter quotas were evaluated. Quota filling is progressing faster in HRC, CRC, and 4A metallic-coated sheets…

The latest situation in the EU South Korean steel quotas!

According to the research conducted by SteelRadar correspondent from China's national statistics units, the latest situation in EU quotas has been observed. According to the official institution's data;

A total quota of 115,900/t was announced for CRC (cold rolled coil). 58.632/t of the announced quota was used. The remaining quota was recorded as 57.268/t.

The announced quota of 218.104/t for HRC (hot rolled coil) is filling up very quickly. 144,239/t of the quota was used in the first quarter of 2023. The remaining quota amount was determined as 73.865/t.

Only 3,496/t of the 35,546/t quota remained for 4A metallic coated sheets. In a short period of two months and a week, 32,050/t capacity was used. 4B metallic coated sheets were moving slower than 4A and the amount of 106,546/t remained from the announced quota of 193,548/t. The quota amount used was seen as 87.002/t

In other product groups, the quota amounts used and remaining were reflected as follows;

The announced quota for organic coated sheets was 66.877/t, while the remaining quota amount was 15.622/t.

While the quota of 87.174/t was announced for the stainless HR Quarto plate, only 12.167/t of it was filled.

A quota of 2.237/t was announced for the wire rod. Of this, 1,799/t was used while 438/t quota remained.

Stainless pipe (seamless) 1.125/t was announced, while 676/t of it was filled. 449/t remained in use.

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