News
Brazil notified WTO it will retaliate against EU following steel quotas
Brazil has officially notified the World Trade Organization (WTO) it will suspend export benefits for the European Union (EU). The notice follows an EU decision to impose a steel tariff quota for exceeding exports of certain steel products from several countries, including Brazil. Brazil told the WTO it intends to suspend export benefits for the [...]
Ukraine increases scrap export duty for two years
The Ukrainian parliament has approved a bill to increase the export duty on scrap from €42/mt to €58/mt for a period of two years. In May 2018, the export duty rose from €30/mt to €42/mt for only one year.
