The local industry has petitioned that the amount of aluminium ingot allowed to be imported without duties be set at 180,000 tonnes for 2020. The case is being analyzed by Camex, Brazil’s foreign trade chamber.
The current quota ends on December 31 and allowed duty-free imports of up to 142,250 tonnes of primary aluminium
since early July. This replaced an annual quota of 282,500 tonnes that expired on July 3.
Albras, a smelter in the northern state of Pará whose main shareholder is Norwegian company Norsk Hydro - with a 51% holding -, is currently running at 90% throughput and is expected to reach full capacity during the first quarter of next year.
The smelter was forced to run at 50% capacity from April...