Vladimir Putin

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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 Vladimir Putin

Vladimir Putin is Russia's president, a position he has held since 2012 and previously from 2000 to 2008, following his tenure as prime minister from 1999 to 2000 and again from 2008 to 2012. Born on October 7, 1952, Putin served as a KGB officer before entering politics in the 1990s and consolidating authoritarian control over Russia's political system.

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