Tag: US exempts Brazilian pig iron from 25% tariff; prices hold firm after 19% YTD gain

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…