New Delhi, March 23 -- The UK government's decision to sharply curb steel imports and impose higher tariffs could help Tata Steel's UK operations turn profitable in the next fiscal year, even as the company is set to miss its FY26 break-even target, analysts said.

On Thursday, the UK government said that "from 1 July 2026, overall quota levels for steel imports will be reduced by 60% compared with the safeguard, and steel coming into the UK above these levels will be subject to a 50% tariff".

"This measure will apply to imported steel products that can be made in the UK," said Peter Kyle, Secretary of State for the Department of Business and Trade, in a statement on 19 March.

The move is expected to benefit domestic producers, includin...