Ukraine’s Zaporizhstal may idle half its capacity to fit new EU steel quotas
The EU dropped its steel duties in 2022 to help Ukraine through the war. On 1 July, it halved the tariff-free quotas and taxed the remainder at 50%.
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Rinat Akhmetov
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Plant can’t mine because it can’t ship: Russia’s attacks on merchant vessels idle 4,480 workers at Ukrainian iron ore giant
Pivdennyi GZK, one of Ukraine's largest iron ore producers, is suspending mining because Russian strikes on merchant ships have effectively halted shipping to Black Sea ports.
Ukrainian billionaire Rinat Akhmetov bids to acquire Romania’s €1B debt-ridden steel giant Libertu Galati
Akhmetov seeks EU steel base amid Ukraine war losses