What will be the impact of FTA on India's steel exports to UK?

India had over 9% share of UK's total steel imports in 2025. HRC exports to be affected due to sharp 90% drop in quota volumes. Import quota under downstream processing increased by 3%

Data Deep Dive: The UK-India Free Trade Agreement (FTA) will finally come into effect from next month, four years after the negotiations started and exactly 13 months after it was signed in May 2025. In intense last-minute negotiations, the government has claimed that it has secured duty-free access for as much