Wire · founder news, decoded · regulatory
India will be able to export 1.1 million tonnes of steel to the UK duty-free
◆ Published
16 July 2026
◆ Topic
regulatory
◆ Geography
◆ Source
◆ Verified
Fusion42 · 16 July 2026 · Fusion42 review
India's Comprehensive Economic and Trade Agreement (CETA) with the UK came into force on 15 July, granting duty-free access for 1.1 million tonnes of steel annually. The deal mitigates impact from the UK's new 51% reduction in total duty-free steel quotas and 50% tariff on excess volumes.
◆ The Wire takeaway
If you're an Indian steel maker, you've just locked in a 1.1m tonne safe passage to the UK market whilst everyone else faces a 50% tariff on overages starting immediately. Call your logistics provider and your UK customers this week - your competitive window is real and quantified.
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◆ Topics
trade-agreement · tariff-shield · india-uk-steel · quota-allocation · market-access