EU’s proposed duties to affect imports of seven Brazilian steel products

Monday, 14 January 2019 00:59:09 (GMT+3)   |   Sao Paulo
       

The European Union proposed three-year safeguarding duties that may affect the imports of seven Brazilian steel products, according to a media report by Valor.

The EU has already notified the World Trade Organization (WTO) it would impose a three-year “tariff-rate quota” over the imports of 26 steel product categories to “prevent serious injury” for the region, according to a WTO filing.

The product list includes non-alloy and other alloy hot rolled sheets and strips, electrical sheets, metallic coated sheets, organic coated sheets, stainless hot rolled sheets and strips, rebar, gas pipes, and hollow sections, among others.

Brazil should be affected in seven areas, according to the Valor media report: HRC, CRC, metallic sheets, heavy plates, stainless flat steel, profiles and seamless tubes.

Brazil would reportedly dispute with Russia and Ukraine to export heavy plates to Europe, the media report noted.


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