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Steel & Metal
- Brazil -

Brazil Considers WTO Appeal Over US Steel Tariffs

Brazilian President Luiz Inácio Lula da Silva has stated that Brazil may appeal to the World Trade Organization (WTO) over the 25% import tariff imposed by the US on Brazilian steel. During his visit to Japan, Lula outlined two potential responses: appealing to the WTO or imposing reciprocal tariffs on US products. He emphasized that while the US president has the right to make decisions, he should consider the consequences, which could include increased prices and inflation in the US. The situation remains unresolved as Vice President Geraldo Alckmin continues negotiations with US authorities, hoping for a mutually beneficial resolution.

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China’s CISA mills lift early‑October crude steel output 7.5%; inventories also climb

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China iron ore futures slip; Tangshan concentrate prices steady amid tight supply

Indonesia suspends all scrap metal imports after radioactive contamination detected

Serbia asks EU to exempt it from proposed new steel tariffs and quota cuts

U.S. judge signals approval of Rio Tinto’s $138.75 million Oyu Tolgoi investor settlement

Rio Tinto says strong Q4 needed to hit iron‑ore target after Q3 shipments of 84.3 mt; China demand firm

ArcelorMittal’s M&A chief in South Africa for talks on sale of local unit, sources say

EU plan to halve steel import quotas and double out‑of‑quota tariff to 50% raises Indian export risk

Copper tops $11,000/t on LME as supply disruptions and fund buying lift prices