Brazilian steel association raises fears over imports after EU-Mercosur trade deal

The Brazilian steel association, Instituto Aço Brasil, has expressed concern over a trade deal between the Mercosur trade bloc and the European Union.

The agreement proposes the removal of duties for steel imports from the EU, which are currently in place in Brazil. Aço Brasil says this could hurt local steel business. The EU and the Mercosur - a bloc comprising Argentina, Brazil, Paraguay and Uruguay - signed the trade agreement last Friday June 28. Among others, the deal calls for...

Published

Felipe Peroni

July 02, 2019

08:00 GMT

São Paulo