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Brazil updates use of steel import quotas

Brazil updates use of steel import quotas

As of Oct. 15, the 445,469 tons of steel product quotas allowed for import at regular steel import rates had an overall utilization rate of 77 percent, up from 74 percent as of Aug. 27, 2025, according to Brazilian foreign trade body Siscomex.

Such quotas were approved on June 24 and were in effect until October 23.

Product utilization was as follows:

·       Plates in rolls: 18 percent of 1,284 mt, unchanged

·       HRC: 39 percent of 36,120 mt, up from 36 percent previously

·       CRC: 75 percent of 84,203 mt, up from 53 percent previously

·       Galvanized plates: 76 percent of 144,285 mt, up from 64 percent previously

·       Galvalume: 90 percent of 147,038 mt, up from 71 percent previously

·       Wire rod: 72 percent of 32,534 mt, up from 54 percent previously

Volumes exceeding quotas are subject to a 25 percent import tax, which is expected to increase to 50 percent, according to local press.

Local steel producers say current measures do not do enough to curb steel imports, which they say are often reset. Many of these imported goods come through the Manaus duty-free zone without paying import taxes, even when they are delivered to

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