EU curbs fail to dent India’s steel push: 80% exports retain FTA benefits

India's steel exports to the EU have continued to thrive despite new trade restrictions. The European Union's recent quota-based system, implemented in July 2026, aimed to reduce steel imports from specific countries, but Indian steel exports remain largely unaffected. Around 80% of India's steel exports to the EU still qualify for free trade agreement benefits, allowing them to enter the market with reduced tariffs. This resilience in India's steel exports is a significant boost to the country's trade and economy.

Why it matters

The EU's amended quota-based system has not significantly impacted India's steel exports, which retain most of their FTA benefits. This could lead to continued growth in India's steel industry.

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