CBAM impact: Carbon cost hits Indian steel and aluminium exports from Jan 1, here's what GTRI report says

Indian steel and aluminium exporters will face a carbon-linked cost from January 1, 2026, as the EU's CBAM transitions to its payment stage. Exporters may need to cut prices by 15-22% to absorb the carbon cost, with high-emission producers facing the sharpest impact.

CBAM impact: Carbon cost hits Indian steel and aluminium exports from Jan 1, here's what GTRI report says
Indian steel and aluminium exporters will face a carbon-linked cost from January 1, 2026, as the EU's CBAM transitions to its payment stage. Exporters may need to cut prices by 15-22% to absorb the carbon cost, with high-emission producers facing the sharpest impact.