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14 Jan
09:52

Brazil's steelmakers cautiously evaluate EU safeguard measures

The impact of EU safeguard measures on Brazil will be small as the country exports mainly semi-finished products to Europe, according to Marco Polo de Mello Lopes, president of local steelmakers’ association Instituto Aço Brasil (IAB). “Brazil is in a more comfortable situation compared to many other countries, partly because most of Brazilian steel shipments to Europe are of semi-finished steel, which is excluded from the European Commis…
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