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Indian Steel Exporters Decry Diminished Quotas Under EU FTA

India has secured steel quotas totaling 1.64 million metric tons under its free trade agreement with the European Union. However, detailed product allocations show lower volumes for all key products than previous entitlements. Hot-rolled coil dropped fifteen percent. Cold-rolled coil fell nineteen percent. Across eight categories, the total reduction reaches three hundred thousand metric tons. India seeks twenty-nine to thirty-five percent higher quotas. Carbon border costs still apply to all exports

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