[Brazilian Pig Iron Industry Appeals Against Potential 37.5 Percent US Tariff at USTR Meeting]

Published: Jul 7, 2026 13:39

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Representatives of the Brazilian pig iron industry met with the US Trade Representative (USTR) to argue against a potential 37.5% import tax on their products. Industry advocates emphasized that US steelmakers and foundries heavily rely on Brazilian pig iron, which has near-zero net greenhouse gas emissions due to charcoal usage, and noted there is no short- or medium-term substitute available. Imposing this 37.5% tariff would significantly disrupt the US supply chain, inevitably driving up production costs for US steelmakers and potentially shifting global pig iron trade flows as Brazilian suppliers may seek alternative markets.

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