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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 Energy security

Ukraine's energy security has become severely compromised since Russia's full-scale invasion began in February 2022, with systematic attacks destroying approximately 50% of thermal generation capacity and targeting natural gas storage facilities. The government works with European partners to diversify energy sources, strengthen grid connections with EU networks, and secure alternative fuel supplies, while defending remaining power infrastructure from ongoing Russian strikes.

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