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Brazil focuses on aluminium competitiveness
Issued at 2014-10-22
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To give back competitiveness to aluminium downstream and in particular to independent transformers and casting foundries, last August Brazil approved 6% temporary duty elimination on the import of 300 thousand tons of unalloyed raw metal for a period of 12 months. The alarm started when the production of primary aluminium registered by Abal association had resulted to be 543,200 tons in the first half of 2014, with 18.6% annual decline, resulting in an imports growth of over 117 thousand tons, against 13,000 tons of the same period in 2013.
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Source: Aluplanet
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