According to the information, issued by the Ukrainian Ministry of Economy, up to April 1st 2010 Ukraine utilized 25.38% of its annual quota for rebar exports to Russia and 94.37% of its yearly quota for cold-rolled steel exports to the same destination, supplying a total of 101,528 tons and 198,182 tons respectively.
From November 1st 2009 to February 28 this year Ukraine did not deliver any cold-rolled steel products to Russia. Meanwhile, in March the country cold-rolled steel exports to Russia amounted to 95,562 tons while its rebar exports to the same destination totaled 51,627 tons.
According to the agreement between Russia and Ukraine, the 2010 annual quota for Ukraine regarding rebar exports to Russia is 400,000 tons up from 363,000 tons in 2009. The quota is for the 12 months from January 1st to December 31st 2010. Meanwhile, also according to the agreement signed between the countries, Ukraine yearly quota for cold-rolled exports to Russia stands at 210,000 tons for the 12 months from July 1st 2009 to June 30th 2010. (Steel Orbis)