The Ukraine's Ministry of Economy has approved the March 2007 minimum reference prices for Ukrainian exports of certain steel products which are either the object of antidumping investigations at the current time or else may be under investigation in the future. The average prices are at the following levels (FOB Black Sea):
Product: Region: Price Rebar ASTM Middle East $454/mt USA $460/mt Rebar other standards Middle East $448/mt Wire Rod USA $520/mt Square Billets USA $420/mt HRC SE Asia $440/mt China $440/mt Turkey $440/mt Israel $440/mt Syria $440/mt UAE $440/mt India $440/mt CIS $412/mt USA $550/mt HR plates 8-50 mm SE Asia, Middle East $490/mt USA A36 $675.36/mt A572 $728.01/mt A516 $733.63/mt API-2H $997.03/mt A283 $670.17/mt ABS A/B $679.59/mt A515 $728.07/mt A 709 grade 36 $675.36/mt A 709 grade 50 $728.01/mt*- The minimum reference prices are not the real price levels, but rather they refer to the minimum levels below which the export of steel products may not be performed.