The European Union’s new tariffs on Chinese steel imports are also affecting Ukrainian producers, the head of one of the country’s largest steel companies said today.
Under the EU’s anti‑dumping measures, duties have been imposed on a range of Chinese steel products to curb what Brussels calls “cheap imports.” The policy, aimed at protecting European manufacturers, has had a ripple effect on other exporters that rely on the EU market.
Speaking to reporters, the steel boss said Ukraine has been “bundled together” in the tariff regime, suggesting that the country is being grouped with other non‑EU producers in the same regulatory framework.
He warned that the duties could raise costs for Ukrainian steel firms and squeeze margins, as the industry already faces competition from cheaper overseas imports.
Ukraine is one of Europe’s biggest steel producers, and its exports to the EU are a vital part of the country’s economy. The new tariffs therefore carry significant implications for the sector.
While the steel company’s leader did not call for a specific policy change, he implied that a more nuanced approach could help mitigate the impact on Ukrainian manufacturers.
<small>Source: BBC News — read the original story there.</small>
