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The Economic Times
The Economic Times
National

India secures 1.9 MT steel export quota to EU, expects total access to reach 2.8 MT

European Union India

New Delhi: India has received country-specific tariff-rate quota of 1.9 million tonne (MT) annually for steel exports to the European Union, while the government expects exporters to secure another 0.9 MT through residual quotas, taking the total to 2.8 MT, a commerce ministry official said on Thursday.

With this, India has secured over 80 per cent of its exports to the European Union (EU). Last fiscal, India exported about 3 MT of steel goods.

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