India’s steel exports (including stainless steel) in 11MFY’26 (April 2025-February 2026), exports totaled 8.27 mnt, higher by 33% y-o-y. The uptrend reflects sustained momentum from the second half of 2025, when exports had surged to a four-year peak. This was due to EU buyers frontloading purchases ahead of the definitive start of the Carbon Border Adjustment Mechanism (CBAM) on 1 January 2026.
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