At the moment, there is not any custom roms or custom recovery for the Y530-U00, since Huawei only recently released the source code for its kernel. Something should now be in the pipeline and coming to a phone near you soon.
However - it is already possible to root your Y530! I know, because I've already done it and my phone is quite happy as it is. I used a programme called "Kingo Android Root", which I got from CNET. I can't post a link here, but you can quite easily google it. Just search for Kingo Android Root CNET and you'll get it.
I hope this helps for a bit - I know it doesn't resolve your problem entirely, but it looks like something could be on the way real soon. Let's hope it's not too long, I want to get KitKat and TWRP on my phone as soon as possible!