Brazil’s Ministry of Development, Industry and Foreign Trade (MDIC) announced on March 21, 2023 that it decided to extend the suspension of the imposition of the countervailing duty (CVD) on imports of hot-rolled products until the end of its validity, for reasons of public interest.

The products involved are hot-rolled flat-rolled products, alloy steel or not alloyed, of a width equal to or greater than 600 mm, in sheets with a thickness of less than 4.75 mm, or in coils of any thickness, classified under tax numbers 7208.10.00, 7208.25.00, 7208.26.10, 7208.26.90, 7208.27.10, 7208.27.90, 7208.36.10, 7208.36.90, 7208.37.00, 7208.38.10, 7208.38.90, 7208.39.10, 7208.39.90, 7208.40.00, 7208.53.00, 7208.54.00, 7208.90.00, 7225.30.00, and 7225.40.90 of MERCOSUR Common Nomenclature (NCM).

This resolution takes effect on the date of its publication.