EU steel quotas threaten to halve Ukraine's tariff-free exports to the bloc

Summary

The European Commission's new steel quota allocations, effective July 1, will severely restrict Ukraine's tariff-free steel exports to the EU. The measure caps tariff-free imports at 18.3 million metric tons per year (a 47% reduction), with a 50% tariff on anything above that threshold. While designed to protect EU producers from global steel overcapacity, this policy disproportionately impacts Ukraine's struggling steel industry, potentially cutting its exports to the bloc by more than 50% compared to 2025 levels.

Source

bskyEU steel quotas threaten to halve Ukraine's tariff-free exports to the blockyivindependent.com