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Event Brief

EU steel import quota cut could cost Ukraine €1bn

Brussels’ proposed quota reduction on steel imports could reduce Ukraine’s export revenue by up to €1bn, officials warn.
WHO: Ukrainian officials
WHAT: Officials warn that an EU proposed steel import quota reduction could cost Ukraine up to €1bn in lost export revenue.
WHEN: May 17, 2026 at 12:00 AM ET
WHERE: Belgium
WHY: The warning is in response to Brussels’ proposed quota reduction on steel imports.

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