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The Ministry of Trade, Industry and Energy said the government will actively express its position and consult with the U.S. administration to protect the interests of the local steel industry.

Economic cooperation between Brasilia and Washington should be enough to guarantee a solution that is beneficial to both countries, the group added.

The United States has recently announced a 25 percent tariff on steel and aluminium imports.

Quebec Premier Francois Legault said Canada should consider putting export taxes on products such as aluminum to create leverage in negotiations with President Donald Trump’s administration.

Australia's Trade Minister Don Farrell said on Thursday the country had increased aluminium supply to the US with Washington's approval,

US President Donald Trump's tariffs on aluminium are more likely to be part of a bargaining strategy than a long-term policy of his administration

India's Baldota Group will invest an estimated $6.20 billion to construct a 10.50 million mt per year capacity greenfield steel mill in the southern state of Karnataka

The global aluminum market is entering a fresh period of upheaval as traders rush to assess the potential impact of renewed US protectionism under President Donald Trump.