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Serbian steel output in Q1 up by 10% in Q1 of 2019

Steel News - Published on Fri, 17 May 2019

Image Source: Steel 360
Tanjug reported that EU steel export quotas have had no adverse effect on Serbia and the country's steel output rose by about 10% in Q1 2019, Mr Milan Trajkovic, deputy head of the National Bank of Serbia Economic Research and Statistics Department, said that "So far, the steel quotas have not had a major impact on us. I think Serbia's steel output in Q1 totalled around 500,000 tonne and that this is around 10% more compared to the same period last year.”

He told that the quotas do represent a certain risk but their impact on Serbia's growth has not been great.

NBS Governor Jorgovanka Tabakovic said that, considering the structure of the Smederevo steel mill's output (hot-rolled sheets and strips, cold-rolled sheets and tinplate products), the quotas did not have much of a negative effect.

Source :

Posted By : Sanju Moirangthem on Fri, 17 May 2019
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