According to the information issued by the Ukrainian Ministry of Economy, up to December 1 Ukraine utilized 78.58 percent of its annual quota for rebar exports and 49.98 percent of its annual quota for cold rolled steel exports to Russia, supplying a total of 259,321 metric tons and 102,450 metric tons respectively.
According to the agreement signed between Russia and Ukraine, the yearly quota for Ukraine regarding rebar exports to Russia is 330,000 metric tons for 2008.
Meanwhile, according to the agreement signed between the two countries, Ukraine's yearly quota for cold rolled exports to Russia stands at 205,000 metric tons for the 12 months from July 1, 2008 to June 30, 2009.