IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
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Inception date: 29 Jul 2010 | Removal date: 27 Jan 2011

Import tariff

On July 28th, 2010, the Brazilian government announced temporary tariff reduction on the ad-valorem import duty from 12% to 2% for flat-rolled products of iron classified under the items 7208.51.00 and 7210.90.00 of the Mercosur Common Nomenclature (NCM) tariff code.
 
It is important to note that this tariff reduction was implemented for reasons of shortage, under Resolution No. 69/00 of the Common Market Group of
Mercosur.
 
The tariff reduction of the item 7208.50.00 is limited to a quota of
800 tons.
 
The tariff reduction for the item 7210.90.00 is limited to a quota of
250 tons.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

412 Products of iron or steel
7208 Flatrolled products of iron or nonalloy steel, of a width of 600 mm or more, hotrolled, not clad, plated or coated.
720851 Of a thickness exceeding 10 mm
7210 Flatrolled products of iron or nonalloy steel, of a width of 600 mm or more, clad, plated or coated.
721090 Other

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