Brazil has been temporarily excluded from a 25% tariff
on steel shipments to the US market while negotiations have been held between the countries. The exemption is valid until Tuesday May 1.
The US government has been pushing to impose quotas for steel products exported from Brazil, according to Brazilian steel association Aço Brasil.
On Thursday, Metal Bulletin was told by several sources that the US had offered a quota agreement for Brazilian steel exports based on average volumes shipped in the...