Tag: iron and steel trade

US exempts Brazilian pig iron from 25% import tariff; prices may ease after H1CY’26 rally

Jul 20, 2026

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by

Adarsh Ramteke

in Pig Iron

Over 80% of Brazil’s pig iron exports directed to US Brazilian prices up 19% since Jan’26 amid tariff uncertainty The US decision to exempt Brazilian pig iron from the proposed 25% tariff has removed a major source of uncertainty for the global pig iron market. Earlier this month, the United States Trade Representative (USTR) proposed…