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USA could lift restrictions on Brazilian steel due to Ukraine war

RIO DE JANEIRO, BRAZIL - Brazilian steel mills see trade disruptions caused by the war in Ukraine as a reason for the United States to lift restrictions on its steel imports.

The Brazilian steel industry is calling on the State Department to seek the resumption of talks with U.S. authorities to lift the so-called Section 232 measures, which limit shipments of semi-finished products, mainly slabs, to 3.5 million tons per year, said Marcos Faraco, president of industry association Instituto Aço Brasil.

Last month, Japan reached an agreement that will allow most of its steel shipments to . . .

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