Miller on Pig Iron: Brazilian trade with US picks up

The Brazilian pig iron trade with the US has resumed after a month of inactivity.

As SMU has previously reported, the US Trade Representative (USTR) agreed to exempt Brazilian pig iron from the 301 tariff of 25% last week. It is uncertain if pig iron of Brazilian origin will be exempt from the 10-12.5% tariffs imposed for the forced labor issue. However, there is optimism on both sides of the equator this exemption will also be approved.

Stephen Miller

Stephen Miller started his career in the scrap metal industry in 1978 at Luria Brothers in Cleveland. Over the last 40-plus years, he has worked in all capacities in the trading business. He has had positions in both domestic and international scrap trading. In addition to scrap, Miller was at the forefront of the pig iron trade and established a pig iron distribution company under the name of Ferrosource, Inc. Most recently, Miller has concentrated on the scrap export market and regularly does consulting for several companies in the industry.

Stephen Miller

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