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EUROFER: Ferrous Fracas: Fretful Fabricators Forestall EU & India FTA Folly
European steel, aluminium, ceramic, & ferro-alloy manufacturers released a joint statement on November 27, 2025, warning that the EU-India Free Trade Agreement threatens strategic European industries. The statement highlights India's massive capacity expansions, including steel production potentially reaching 300 million metric tons by 2030 & aluminium capacity targeting 37 million metric tons by 2047. European industries demand sectoral protections, oppose Carbon Border Adjustment Mechanism exemptions for India, & insist upon regulatory reciprocity to prevent competitive distortions from state subsidies & lower environmental standards.
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