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EU Steel Quota Cuts to Cost Ukraine's Steel Industry $1.2 Billion Annually
En resumen
- The EU's decision to reduce duty-free steel import quotas will cost Ukraine's steel industry $1.2 billion annually.
- The new limits allow only 1.05 million metric tons of duty-free steel exports, a 60% reduction from previous levels, with Ukraine expected to be the most affected.
Resumen generado por IA
Tamaño de fuente
The EU's decision to reduce duty-free steel import quotas will cost Ukraine's steel industry $1.2 billion annually. The new limits allow only 1.05 million metric tons of duty-free steel exports, a 60% reduction from previous levels, with Ukraine expected to be the most affected.
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This article was originally published by TASS.
