According to the information issued by the Ukrainian Ministry of Economy, up to February 1, 2010, Ukraine utilized 9.18 percent of its new annual quota for rebar exports to Russia and 48.87 percent of its yearly quota for cold rolled steel exports to the same destination, supplying a total of 36,716 metric tons and 102,620 metric tons respectively.
According to the agreement between Russia and Ukraine, the 2010 annual quota for Ukraine regarding rebar exports to Russia is 400,000 metric tons - up from 363,000 metric tons in 2009. The quota is for the 12 months from January 1, 2010 to December 31, 2010.
Meanwhile, also according to the agreement signed between the countries, Ukraine's yearly quota for cold rolled exports to Russia stands at 210,000 metric tons for the 12 months from July 1, 2009 to June 30, 2010. In January 2010, Ukraine did not deliver any cold rolled steel products to Russia.