Camex Expands Number of Steel Products Subject to Import Quotas

For the next 12 months, 23 steel products will be subject to import quotas, with a 25% tariff applied once import volumes are exceeded.

The Executive Management Committee (Gecex) of Brazil’s Foreign Trade Chamber (Camex) has reaffirmed its commitment to safeguarding the domestic steel industry by extending the protective measures for another year, which have been in effect since 2024.

In addition to renewing the measures, Gecex-Camex extended the 25% tariff to four additional types of steel, bringing the total to 23 products.

According to the Ministry of Development, Industry, Trade, and Services (MDIC), these four new items were added due to a significant increase in imports over the past year, suggesting they were being used as substitutes for products already covered by the tariff.

As was the case last year, the quota system remains in place up to specific import volumes. Until the quota is reached, these products are subject to import duties ranging from 9% to 16%. If the limit is exceeded, the 25% tariff applies.

“The quota system aims to minimize impacts on sectors that use steel in their production chains—such as civil construction, automotive, capital goods, and electronics,” the MDIC said in a statement.

The ministry clarified that imports under trade agreements or special customs regimes were excluded from the quota calculations.

To renew and expand the steel products included in the quota system, the MDIC applied the same technical criteria used in previous decisions. The 25% tariff applies to items whose import volumes exceed the average recorded between 2020 and 2022 by 30%.

The four new steel product types subject to import quotas will be detailed later by Camex.

Source: Informativo dos Portos

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