India receives wider market access for steel in the European Union through an expanded preferential quota arrangement, according to multiple reports. The new combined quota is described as being equivalent to about 68.4% of India’s projected steel exports to the EU in 2025, compared with 39.4% under the existing quota.
The sources say the agreement adds a further preferential volume of 694,853 tons to an existing WTO-referenced quota of 946,616 tons. While this increases India’s access, both outlets indicate that the EU’s carbon-related levy remains in place, meaning the additional quota does not remove the costs tied to carbon rules.
Across the reporting, the main differences are in how the numbers are presented—one outlet emphasizes the share of expected exports covered by the total quota, while the other focuses on the separate quota additions. Both, however, describe the same overall package: increased preferential steel access for India alongside continued application of the carbon levy.