According to a release published by the trade group Brazil Steel Institute, ten of Brazil's largest steel producers have or are preparing to file lawsuits against the Brazilian government to reverse the recent reduction in the maximum tax relief (refund) under the REINTEGRA regime for exporters. The relief was reduced from 2.0% to 0.1% effective 1 June 2018 ({News-2018-06-07/A/3-previous coverage}). One of the primary reasons for the lawsuits is the U.S. tariffs on steel (25%). Although agre…