The Ukrainian Ministry of Economy and the country's Ministry of Industrial Policy are currently holding negotiations with the Russian Federation's Ministry of Economic Development and Trade (MEDT) on the possible self-regulation of Ukrainian origin rebar supplies to Russia.
The Ukrainian side has proposed to limit rebar exports to Russian to the following yearly levels: from August 14 to December 31, 2007 - 112,000 metric tons, in 2008 - 330,000 metric tons, in 2009 - 363,000 metric tons and in 2010 - 400,000 metric tons.
If MEDT accepts this proposal, it will then also cancel the antidumping investigation into imports of Ukrainian rebar to Russia, which was recommenced in April of the current year.