Oryol Oblast: News

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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 Oryol Oblast

Oryol Oblast is a federal subject of Russia, approximately 360 kilometers (224 miles) south of Moscow. Oryol Oblast covers 24,700 square kilometers (9,500 square miles) and has a population of around 730,000. Its administrative center is Oryol city. Ukrainian forces have conducted drone strikes on fuel depots and military facilities in Oryol Oblast since Russia's full-scale invasion began in February 2022.

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