During the period from February 24 until June 23, 2026, the Brazilian foreign trade authority, Siscomex, allowed 445,469 metric tons (mt) of finished steel products to be imported at regular tax rates.
As of April 22, the quotas have already reached a 56 percent average rate of utilization, against 50 percent on 01 April, as follows:
· Plates in coils: 19 percent from 1,284 mt, unchanged
· HRC: 18 percent from 36,120 mt, against 12 percent previously
· CRC: 44 percent from 84,203 mt, against 19 percent previously
· Zinc Coated: 72 percent from 144,285 mt, against 61 percent previously
· Galvalume: 71 percent from 147,038 mt, against 57 percent previously
· Wire rod: 16 percent utilization of 32,534 mt, unchanged
Volumes exceeding the quotas during the period will be subject to 25 percent import tariff.
The Brazilian steel industry claims that the adoption of quotas is not sufficient to reduce steel imports at alleged dumping conditions, although the recent adoption of antidumping duties on CRC and coated flat products imported from China was received with optimism by the sector.