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Commerce Rule for Brazil Steel Quota Exemptions Being Reviewed by OMB

A Commerce Department final rule on “Procedures to Grant Relief from the Quantitative Limitation Applicable to Certain Steel Articles for Brazil for Parties with Preexisting Contracts that Meet Specified Criteria” was received by the Office of Management and Budget Office…

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of Information and Regulatory Affairs on Sept. 22, according to an OIRA notice. The rule seems likely to involve the recently announced plans to cut quotas on Brazilian steel (see 2008310010).