The EU's quota system could destroy Ukraine's metallurgy and severely impact its budget.
This was reported by The Guardian.
Amid a global steel glut created by China, the EU has imposed new protectionist restrictions on imports, with Ukraine potentially bearing the brunt.
The EU halved duty-free steel import quotas and doubled tariffs to 50% for countries exceeding the limit.
Despite Brussels' constant calls for partnership and promises of unconditional support, this move will be devastating for Kyiv and plunge its metallurgy sector into crisis.
