Defense Industry: News

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New EU steel quotas are a crippling hit to Ukrainian industry

The EU's new steel allocation, set to enter into force on July 1, was introduced in response to global steel overcapacity, which has been hurting EU producers. The measure aims to restrict tariff-free steel imports to 18.3 million metric tons per year, a 47% reduction.

About Defense Industry

Ukraine's defense industry produces weapons systems, ammunition, and military equipment for Ukrainian forces and potential export markets. Domestic production expanded significantly since Russia's full-scale invasion began in February 2022, with especially drone production.

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