Indian metallurgists and European traders joined the experts of the European Parliament in a new webinar to talk about how the steel supply chain will adapt to tough European import quotas, 50% tariffs and CBAM.
Organized in partnership with BigMint, the seminar "What awaits us ahead of Export?" The webinar is now available for viewing on request and contains information from representatives of JSW Steel, Tata Steel India, AMNS India, Trasteel and Comet Trading. Meanwhile, steel market analysts, members of the European Parliament John Carruthers-Green and Benedikte Mikolajczak, based on an analysis of new measures in the EU and the UK, as well as research conducted by members of the European Parliament among steel market participants, provided a detailed overview of the new trading environment in Europe.
Mikolajczak said that the new EU regulation on steel "will completely change trade flows." She said: "European importers have been really alarmed by the reduction of some quotas[since July 1], especially with trading partners such as Saudi Arabia, Algeria and Turkey. They fear that some shipments will actually be canceled, but things are not that bad in India."
She added: Of course, there is a desire to continue trading with India, and there are all the possibilities for this.
Nabira Sheikh, the host of the BigMint webinar, emphasized that Indian steel exports increased by about 2% to about 7.6 million tons in 2025. The EU was the country's main foreign market, accounting for about 39% of total steel exports.
However, under the new EU Tariff Quota (TRQ) regime, importers' duty-free access to Indian steel has been reduced by about 30%. Prices for hot-rolled and cold-rolled coils and sheets were reduced by 34% (to 597,274 tons) and 59% (to 269,974 tons), respectively.
Sheikh said at the webinar that, unlike the UK, it presents "great opportunities" for Indian steel exporters after the introduction of new CPUs on July 1. In 2025, K imported 0.62 million tons of Indian steel. However, according to her, the new quotas allow duty-free access to 1.1 million tons of steel.
"Strategic" approach of Indian steel producers
Asked about the significance of the new EU trade protection measures, JSW Steel's Deputy Vice President for International Sales, Akshat Dave, said Indian quotas would now need to be "strategically managed" to minimize the impact of duties exceeding quotas.
Detailing JSW's strategy to mitigate the effects of the new tariffs, he added: "We have a very important priority - moving up the value chain. Thus, we should consider the possibility of expanding the share of specialized solutions focused on
