[SMM Iron & Steel] EU-India Free Trade Agreement to Eliminate Iron and Steel Duties

Published: Mar 4, 2026 13:50

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Following the conclusion of the India-EU FTA in late January 2026, tariffs on iron and steel products—previously as high as 22%—are set to be eliminated across almost all tariff lines. This agreement aims to integrate Indian suppliers more deeply into European value chains, although exporters must still navigate the newly enforced Carbon Border Adjustment Mechanism (CBAM).

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