US embassy cable - 04BRASILIA744

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BRAZIL: NO CONTROLS ON SCRAP STEEL AND COPPER EXPORTS

Identifier: 04BRASILIA744
Wikileaks: View 04BRASILIA744 at Wikileaks.org
Origin: Embassy Brasilia
Created: 2004-03-29 17:28:00
Classification: UNCLASSIFIED
Tags: ECON ETRD BR Trade
Redacted: This cable was not redacted by Wikileaks.
This record is a partial extract of the original cable. The full text of the original cable is not available.


 
UNCLAS BRASILIA 000744 
 
SIPDIS 
 
STATE PASS USTR 
PARIS PASS USOECD 
 
E.O. 12958: N/A 
TAGS: ECON, ETRD, BR, Trade 
SUBJECT: BRAZIL: NO CONTROLS ON SCRAP STEEL AND COPPER 
EXPORTS 
 
REF: SECSTATE 62180 
 
According to the Ministry of Development, Industry and 
Foreign Trade, Department of Foreign Trade Operations 
(DECEX), Brazil maintains no controls on exports of steel or 
copper scrap.  The only requirement for scrap exports that 
differs in any way from the norm, according to the 
Department, is a requirement that proof of the purchase price 
of the scrap be provided at the time of export.  This 
requirement was established for tax purposes, given the 
difficulty of establishing the commercial value of some scrap 
items.  A cross-check with Brazil's published, consolidated 
list of items subject to export controls or requiring special 
procedures showed no controls on scrap, coke, DRI, copper 
cathode or iron ore exports.  To the contrary, Brazil is a 
major exporter of the latter. 
 
HRINAK 

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