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New EU steel quotas are a crippling hit to Ukraine's 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 DTEK

DTEK is Ukraine's largest private energy company, operating thermal power plants, renewable facilities, coal mines, and electricity distribution networks across the country. Russian attacks have destroyed significant portions of DTEK's generation capacity since February 2022, with the company reporting billions in damages.

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