India-EU FTA impacts steel sector outlook
after close1 source ↓written by the desknot a recommendation
The India-EU Free Trade Agreement (FTA) signals a strategic shift in trade relations, yet its immediate effect on the steel sector is limited. Carbon regulation and tariff structures remain significant constraints, with the EU's withdrawal of GSP benefits from 1 January 2026 intensifying pressure on Indian steel exports. Market participants expect no near-term boost in steel trade due to the intact CBAM regulations.
Not investment advice. For informational purposes only.