09
Nov
07:59
Brazil reduces steel, raw materials import tariffs
The Brazilian government has temporarily reduced import tariffs by 10% on a large variety of raw materials, steel products and rare metals. The decision is part of Ministry of Economy (SE) measures to deal with the impact of post-Covid-19 material shortages, along with inflation, and impacts approximately 87% of imported goods and services.
According to the SE, the import tariff reduction enters into force on 12 October and will be valid until 31 December 2022, Ka…
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Anonymous
Very good overview of the weekly steel market.
Anonymous