22
Aug
17:12
EU import quotas deplete steadily, UK lags behind
European steel importers have now used more than half of their quotas for Q3, while UK importers have used just over a third, according to EU and UK data collected by UK Steel. Demand in the EU and UK has been weak over the summer months, but competitive imports from Asia and Turkey have taken a bite out of the market, Kallanish notes.
About 56% of all import quotas to the EU for the quarter (7.884 million tonnes) have been consumed. For standard HRC, half the quo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous