The bloc will slash steel imports by half, which is bound to negatively affect Ukraine’s industry An EU proposal to drastically cut its steel import quota in response to global overcapacity and the shrinking of local manufacturing will hurt Kiev, Ukrainian manufacturers and officials have told the Financial Times. The quota is expected to be cut by 47% on July 1, and the bloc will levy an additional 50% tariff on any steel imports above that amount. According to the EU authorities, the new