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Brazil VP Alckmin backs steel import protection, cost cuts
Poder360·BR·2 days ago
Imports accounted for one-third of steel sales in Brazil in 2025, a record share that industry association Aço Brasil calls 'unacceptable.' The executive president prioritizes recovering the domestic market, signaling potential pressure for trade measures. The development highlights rising import penetration in a key emerging market, with implications for local producers and trade policy.