Arcelor and Thyssen’s Brazilian Mills Should Steel Themselves For Disappointment — Panjiva
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Arcelor and Thyssen’s Brazilian Mills Should Steel Themselves For Disappointment

Brazil 416 Materials - Metals/Mining 796 Metals - Aluminum 271 Metals - Steel 544 Tariffs 1870 U.S. 5404

The Brazilian government will be sending a delegation to discuss the U.S. section 232 review of steel and aluminum with the Commerce Department. While Brazil was only the sixth largest supplier of the products covered in 2017 it was the fastest growing top 10 country with a 49% rise on a year earlier. The debate will likely focus on the importance of Brazilian supplies of semi-finished steel that American manufacturers use to create higher value products. Brazilian producers, led by the local subsidiaries of global steel firms ThyssenKrupp and ArcelorMittal, supplied 57% of U.S. impor...

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