ReferIndia News India looks to Middle East, Asia to cushion EU carbon tax blow to steel exports

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India looks to Middle East, Asia to cushion EU carbon tax blow to steel exports

Published on: Feb. 18, 2026, 12:27 a.m. | Source: The Economic Times

India is actively exploring new export destinations for its steel in the Middle East and Asia. This strategic shift aims to mitigate the effects of the European Union's carbon tax. The nation is also focusing on securing essential raw materials through long-term agreements and asset acquisitions.

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