The Ukrainian Metal

Russian steel quota utilization by Ukraine

According to the information issued by the Ukrainian Ministry of Economy, up to June 1st 2010, Ukraine utilized 29.56% of its annual quota for rebar exports to Russia and 97.5% of its yearly quota for cold-rolled steel exports to the same destination, supplying a total of 118,253 tons and 204,745 tons respectively.
Accordingly, in May this year Ukraine exported 10,030 tons of rebar to Russia and did not export any cold-rolled steel products to the same destination.
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.
According to the agreement signed between the countries, Ukraine’s 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. (SteelOrbis) 
 

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