Economy · 15 d ago
Ukraine's steel makers say EU limits aimed at China hit them too
EU cap on tax-free steel imports
18.3 million tonnes a year
The EU now caps tax-free steel imports at 18.3 million tonnes a year, 47 per cent less than in 2024.
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Ukraine has been bundled together into those measures without any consideration for the situation Ukraine is in.
— Yuriy Ryzhenkov, chief executive of Metinvest
The industry estimates its steel exports to the EU could fall by 50 to 60 per cent, and Ryzhenkov wants at least a carve-out for Ukraine.
The EU's answer
The European Commission said it took Ukraine's difficult situation into account, kept a quota for its steel and offered compensation to its largest suppliers.
