EU tightens curbs on Russia-linked steel trade Russia-linked steel trade faces tighter curbs Infrastructure demand boosts rebar consumption China expands steel derivatives market
A GTRI note warns that India’s steel and aluminium exports to the EU could face a sharper competitiveness test from January 1, 2026, as the EU’s Carbon Border Adjustment Mechanism (CBAM) moves into its definitive regime. While the levy is paid by EU importers, GTRI expects the cost to be pushed back to Indian suppliers through tighter price negotiations, sourcing norms and margin compression potentially forcing 15–22% price reductions to retain EU business.
The report highlights that production routes will matter: BF–BOF steel would attract higher carbon exposure than DRI/EAF routes, while aluminium’s CBAM burden will depend heavily on the power mix (coal-fired power increasing exposure).
A key risk is data readiness, especially for MSMEs. If exporters cannot provide verified, plant-level emissions data, EU authorities may apply default values that can inflate the assessed carbon footprint and cost, even if actual emissions are lower. From 2026, GTRI notes independent verification is required, referencing EU-recognised or ISO 14065–compliant verifiers, and contracts may increasingly include CBAM pass-through and verification clauses.
Also Read : India's Finished-Steel Imports Plunge 34%; Exports Rise to 3.5 Mt Ukraine’s Flat Steel Exports Exceed 1.1 Million Tons in Jan–Aug 2025
Tariff Talks Weigh on Cleveland-Cliffs as U.S. and Mexico Near Steel Deal Shares of Cleveland-Cliff...
USA 12-Jun-2025
Coal production from captive and commercial mines increased 35% year on year to 39.53 million tonnes...
Energy 04-Jul-2024
India’s small and mid-sized steel and aluminium exporters are urging the government to lower i...
USA 07-Mar-2025
Morocco-based rebar producer Somasteel has officially inaugurated the expansion of its Nouaceur prod...
Construction 26-Dec-2025
In an effort to fortify its circular economy and strengthen critical supply chains, the European Uni...
Europe 25-Jun-2025
The Union Minister for Parliamentary Affairs, Pralhad Joshi, has announced that India plans to stop...
Notification 27-Jan-2024