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27 Sep
11:19

Brazil’s steelmakers urge import tax increase: IAB

Brazil’s steel industry is calling for more protection, reacting to competition from overseas suppliers, Kallanish understands. Chinese imports are “flooding" the domestic market, says Jefferson De Paula, the president of the local steelmakers’ association Instituto Aço Brasil (IAB) during the opening day of its annual congress held in São Paulo. Brazilian steelmakers are losing market share and this is causing them …
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