The Guardian
UK · 4 hrs ago
✦ 78◉ Centre
EU quota system ‘could kill Ukrainian steel industry’, boss says
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Quality 78/100
Partisan intensity 35/100
ObjectivePartisan
◉ Centre ✓ Fair headline
The CEO of Ukraine's largest steelmaker warns that new EU import quotas beginning in July could devastate the Ukrainian steel industry and harm the country's finances during its war with Russia.
EU quota system ‘could kill Ukrainian steel industry’, boss says
Protectionist measures will deal blow to country’s budget as it defends itself against Russia, says Metinvest chief
New EU limits on steel imports could destroy Ukraine’s industry and deal a big blow to the country’s budget as it defends itself against Russia, according to the head of its biggest steelmaker.
Yuriy Ryzhenkov, the chief executive of Metinvest, said the new EU quota system due on 1 July could “kill the Ukrainian steel industry”.
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