Industry News

Brazil cancels import tariffs on 6 commodities, including steel & aluminum sheets

Views : 234
Update time : 2023-03-14 20:05:51
Brazilian Vice President Geraldo José Rodrigues Alckmin Filho shared on social media that Brazil lifted import duties on six goods last February (March 10).

The six items were two types of steel sheets, two types of aluminum sheets, a portable digital wrist device used to measure blood pressure and pulse rate, and radar antennas.

Alckmin explained that the previous import duties on the above goods ranged from 12% to 16%, and the zero-tariffs policy will be valid until March 9, 2024.
Related News
Read More >>
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Apr .25.2025
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Nickel Price Update: Q1 2025 in Review Nickel Price Update: Q1 2025 in Review
Apr .25.2025
Nickel Price Update: Q1 2025 in Review
Higher steel prices benefiting Region steel mills Higher steel prices benefiting Region steel mills
Apr .25.2025
Higher steel prices benefiting Region steel mills
Vale's net profit drops 17% on lower iron ore prices Vale's net profit drops 17% on lower iron ore prices
Apr .25.2025
Vale's net profit drops 17% on lower iron ore prices