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2010.12.06 | EU ups quota for steel supplies from Russia by 2.5% for 2011

The E.U. has extended an agreement on steel supplies from Russia for 2011 and increased the quota for imported steel products by 2.5%, Russia’s Economic Development Ministry said Wednesday.

The E.U.’s quota for Russian steel exports in 2010 amounts to 3.185 million tonnes.

The E.U. has also agreed to transfer undrawn quotas, which amounted to 7%, from 2009 to 2010.