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  • Brazil cuts import duties by 10%; steel down to 10.8%, aluminum to 5.4%

    2021-11-09 18:03:10   【Print】
    The Brazilian federal government decided to cut by 10% the import duties imposed on most materials under its tariff system, the ministries of economy and foreign relations said in a joint statement on November 5.

    Among the changes, duties on the majority of flat-rolled and long steel products will be cut to 10.8% from 12% currently.Asian Metal Copyright Import taxes on stainless steel will drop to 12.Asian Metal Copyright Import taxes on stainless steel will drop to 12.Asian Metal Copyright8% from 12% currently.Asian Metal Copyright6% from 14%, and aluminum ingot and billet will face a duty of 5.Asian Metal Copyright Among the changes, duties on the majority of flat-rolled and long steel products will be cut to 10.Asian Metal Copyright4%, down from 6%.

    .Asian Metal Copyright8% from 12% currently.Asian Metal Copyright
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