India is actively negotiating Free Trade Agreements (FTAs) with several countries to secure greater market access for its steel exports. At an industry event in Mumbai, Commerce Minister Piyush Goyal stated the government is working on 10–12 FTA deals, including with the EU, UK, and US. The aim is to promote India’s cost-effective and high-quality steel globally amid tariff uncertainties and import risks.

BulletsIn

• India negotiating 10–12 FTAs to boost steel exports
• Talks include EU, UK, US, and other key partners
• Focus on gaining market access for Indian steel
• Steel sector offers low cost, high-quality advantage
• Tariff uncertainties, esp. US-related, prompt FTA push
• Global market volatility driving India’s proactive stance
• India probing metallurgical coal imports for dumping
• Countries under probe: Australia, China, Russia, more
• Goyal urges steel mills to protect supply chains
• Strategy aims to safeguard industry, expand global reach