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The EU has removed safeguards for Brazilian stainless steel and profiles
.
The move is part of a planned EU adjustment of safeguards that has led to increased imports and trade transfers due to the U.
S.
decision to impose tariffs on steel, which the bloc adopted last year
.
"This is positive because both steel products now have more market access, while stainless steel has a higher added value," said
the Brazilian Steel Institute IABr.
However, the EU maintains specific quotas for cold-rolled steel products in Brazil and insists on excluding semi-finished steel
, the report said.
Brazil's crude steel production from January to July fell 4.
3% year-on-year to 19.
7 million mt, while domestic steel sales fell 0.
5% to 10.
7 million mt, the Brazilian Steel Institute said.
Imports fell 1.
6% to 1.
46 million mt, while exports fell 1.
8% to 7.
72 million mt
.
The apparent consumption of steel was 12.
1 million tons, down 1.
5%
from the same period last year.
The EU has removed safeguards for Brazilian stainless steel and profiles
.
The move is part of a planned EU adjustment of safeguards that has led to increased imports and trade transfers due to the U.
S.
decision to impose tariffs on steel, which the bloc adopted last year
.
"This is positive because both steel products now have more market access, while stainless steel has a higher added value," said
the Brazilian Steel Institute IABr.
However, the EU maintains specific quotas for cold-rolled steel products in Brazil and insists on excluding semi-finished steel
, the report said.
Brazil's crude steel production from January to July fell 4.
3% year-on-year to 19.
7 million mt, while domestic steel sales fell 0.
5% to 10.
7 million mt, the Brazilian Steel Institute said.
31,9700.
51070
Imports fell 1.
6% to 1.
46 million mt, while exports fell 1.
8% to 7.
72 million mt
.
The apparent consumption of steel was 12.
1 million tons, down 1.
5%
from the same period last year.
61461.
877212101.
5
