India-UK CETA Opens Duty-Free Access for Over 1.1 Million Tonnes of Steel Exports

Written by: Team Angel OneUpdated on: 15 Jul 2026, 10:09 pm IST
The India-UK CETA has taken effect, allowing Indian exporters to ship over 1.1 million tonnes of steel to the UK duty-free through expanded quota arrangements.
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 The India-UK Comprehensive Economic and Trade Agreement (CETA) came into force on 15 July 2026, enabling Indian steel exporters to access the UK market through expanded duty-free quotas, as per a PTI news report. 

The arrangement allows more than 1.1 million tonnes of steel exports annually under a combination of Country-Specific Quotas (CSQ) and the Authorised Use Scheme (AUS), following negotiations between the two countries. 

Steel Safeguard Issue Resolved 

The UK's steel safeguard measures introduced in March had delayed the implementation of CETA, which was signed on 24 July 2025. 

According to a government official, India held extensive discussions with the UK, along with consultations with industry stakeholders, to reduce the impact of the safeguard measures and secure improved market access for exporters. 

Higher Duty-Free Quotas 

As part of the revised framework, India secured a Country-Specific Quota of 168,029 tonnes along with an exclusive 945,000 tonnes under the Authorised Use Scheme, taking total annual duty-free access to more than 1.1 million tonnes. 

The UK also expanded tariff-free access across key product categories. For non-alloy and other alloy hot-rolled sheets and strips, India's quota increased from 12,405 tonnes to 33,456 tonnes, nearly three times the earlier allocation. 

Category-Wise Market Access 

The UK has reserved 40% of the quota under the Authorised Use Scheme exclusively for India, translating into around 945,000 tonnes of dedicated trade volume.  

In Category 28 (non-alloy wire), the removal of nine commodity codes ensures that 95% of India's exports remain outside the safeguard measures. 

Market access has also been expanded in other categories. The residual quota for Category 12B (non-alloy merchant bars and light sections) increased from 468 tonnes to 4,540 tonnes, while Category 26 (other welded tubes) rose from 10,809 tonnes to 16,327 tonnes. 

Export Coverage 

Overall, 188 steel products valued at $137 million were covered under the UK's safeguard measures before the revised arrangement. 

India's total steel exports were valued at $960 million in 2025, making steel one of the key sectors covered under the trade agreement. 

Read More: India-UK Free Trade Agreement Comes into Force Today on July 15, 2026: What It Means for Trade, Automobiles, IT and Consumers! 

Conclusion 

According to the government, the revised quota framework under the India-UK CETA provides Indian steel exporters with expanded duty-free access to the UK through higher country-specific and authorised-use quotas across multiple steel categories, following the resolution of the safeguard issue.   

Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi.  

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Jul 15, 2026, 4:38 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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