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The Brazilian government has cut import tariffs on carbon steel and palm kernel oil

From:Office of Economic Affairs in Brazil

2009-05-05

On 29 April 2009, the Brazilian Commission for Foreign Trade decided to reduce the import tariff on palm kernel oil (MERcosur Tariff Code 1513.29.10) to 2% with a quota of 150,000 tons valid for 12 months. At the same time will carbon steel (South Market tariff no. 7208.51.00) import tariff from 12% to 2%, quota of 30,000 tons, valid for 12 months. It is reported that carbon steel plate has corrosion resistance to acid substances, mainly used in petroleum and natural gas pipeline projects.

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