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The European Union (EU) has reduced India’s steel import quota by 47% and doubled tariffs on certain categories of steel as part of its Carbon Border Adjustment Mechanism (CBAM) rollout, a move that could significantly impact Indian steel exporters.
According to industry sources, the revised quota applies to flat and coated steel products, while tariffs on high-carbon steel categories have been increased to discourage carbon-intensive imports. The CBAM, which aims to tax imports based on their carbon emissions, officially enters its full implementation phase this year.
The move is expected to make Indian steel exports less competitive in the European market, which currently accounts for nearly 15% of India’s total steel exports. Major producers such as Tata Steel, JSW Steel, and SAIL are likely to face higher compliance costs and tighter trade conditions.
Analysts say the decision underscores Europe’s push to protect its domestic green steelmakers while pressuring foreign suppliers to adopt cleaner technologies. The Indian steel industry has urged the government to negotiate relief and accelerate low-carbon transition measures to safeguard its export competitiveness.
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