Brazilian steel quota usage inches up

: Metals
25/08/05

Brazil's importers had fulfilled nearly 264,000 metric tonnes(t) of steel quotas by 30 July, up by 4,000t from a week earlier, according to the country's foreign trade secretariat.

Tubes and coated steel quotas were moderately more fulfilled, while cold and hot-rolled products consumption remained at the same level as the previous week.

Buyers can bring in as much as 475,800t of 17 steel products under reduced tariffs of 9-13pc from June to October.

Once the quota for each product reaches its threshold, all additional volumes fall under a higher 25pc tariff.

New import licenses are issued under the same rules every four months, when quota volumes reset.

Buyers initially rushed to secure shipments before hitting quota limits, but progress has slowed as the remaining volumes face a more gradual pace of fulfillment.

Brazil implemented its quota policy in June 2024 in an effort to regulate a surge in imports. The regime has proven ineffective as imports reached record levels at 5.9mn t that year.

The government later extended the quota regime through June 2026, expanding its scope to cover more steel products and tightening conditions by reducing the volumes eligible for lower tariffs.

By Isabel Filgueiras

Brazil steel import quotas				metric tonnes
Product	Full Quota	Consumed by 30 July	Difference	±%
Hot-rolled
HRC, ≥600mm wide, 4.75–10mm thick	1,285	235	1,050	18
HRC, ≥600mm wide, 3-4.75mm thick	3,111	1,307	1,804	42
HRC, ≥600mm wide, ≤3mm thick, ≥275 MPa	9,520	6,497	3,023	68
HRC, ≥600mm wide, ≤3mm thick	23,490	3,359	20,131	14
HRC, ≥600mm wide	9,798	1,068	8,730	11
Flat-rolled, ≥600mm wide	468	104	364	22
Cold rolled
CRC, ≥600mm wide, 1-3mm thick	47,950	20,210	27,740	42
CRC, ≥600mm wide, 0.5-1mm thick	36,255	17,089	19,166	47
CRC, ≥600mm wide	9,273	6,218	3,055	67
Galvanized
HDG, ≥600mm wide, <4.75mm	144,286	86,623	57,663	60
GL, ≥600mm wide	147,038	100,989	46,049	69
HDG, ≥600mm wide	1,915	993	922	52
Wire rod
Wire rod, circular section <14mm dia	32,535	16,548	15,987	51
Tubes
Seamless tubes ( oil, gas industry)	6,295	2,061	4,234	33
Submerged arc welding steel pipes, >406.4mm OD	490	132	358	27
Welded circular steel pipes, >406.4mm OD	420	43	377	10
Welded circular (oil, gas industry)	1,679	380	1,299	23
— Siscomex

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Brazilian steel quota usage inches up

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