Average prices for Brazilian pig iron on FOB terms in June decreased from 420/ton at the end of May to 410/ton (as of June 20).
Trump said that from August 1, the United States will raise the "reciprocal" (reciprocal) duty on imports from Brazil to 50%. Until that time, the tariff was 10%.
Baosteel raises prices for rolled products by 14/ton for August sales. The company kept prices unchanged for four months in a row.