Steel Mills
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/media/k2/items/src/b1a28b7e84bdb3d7ef1db490ff289f7f.jpg)
NLMK Says U.S. Division at Risk from Tariffs
Written by Sandy Williams
May 6, 2018
Russian steelmaker NLMK says it may have to close its U.S. division if it does not receive an exemption from the 25 percent steel tariff.
NLMK USA depends on slab shipments from Russia and cannot source enough slabs in the U.S. to maintain its operations.
“Without exclusion for semi-finished steel slabs, the tariffs will have the perverse effect of killing U.S. steelmaking jobs and potentially putting our company out of business,” said NLMK USA CEO Robert Miller in a letter to Commerce dated March 23, 2018.
“NLMK USA has made numerous attempts to secure slabs domestically, with little success. Between 2016-2017, NLMK Pennsylvania was only able to secure 2 percent of total receipts domestically and was forced to import the remaining amount,” said Miller.
Miller said the company had planned to double its U.S. investment, adding another $664 million between now and 2022. Those plans are now on hold and dependent on the outcome of the exclusion process, he said.
The U.S. operations are comprised of NLMK Indiana, NLMK Pennsylvania, and Sharon Coating and produces slabs, HRC, CRC and HDG. NLMK has steelmaking capacity of about 800,000 metric tons and rolling capacity of around 2.9 million MT. The U.S. division imports more than 2 million MT of slabs annually, with 90 percent of it from its Russian parent.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2023/04/sandy-williams.jpeg)
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/Nucor.png)
Nucor lowers 2024 output estimate for Brandenburg plate mill
Nucor has lowered the 2024 production estimate for its Brandenburg, Ky., plate mill due to soft market conditions.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/SSAB.png)
SSAB adjusts output in weak Q3, readies for Q4 rebound
SSAB said lower plate prices in the US were the primary reason for reduced results in the second quarter. With a dismal Q3 outlook, the Swedish steelmaker is adjusting production across its facilities. That includes moving up its annual US mill outage in anticipation of a better Q4. SSAB Americas Revenues in the Americas segment […]
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/Nucor.png)
Topalian puts focus on “unfair” trade, eyes USMCA partners
Nucor’s top executive expressed concerns over unfair trade practices, highlighting increased steel imports from Mexico and Canada.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/Cliffs_logo2.2.png)
Cliffs sees close of Stelco buy, bottom to steel tags, and Mexico out of USMCA
Cleveland-Cliffs expects its acquisition of Canada’s Stelco to close later this year, which will help the the Cleveland-based steelmaker as a bottom to steel tags nears.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/Nucor.png)
Nucor posts lower Q2 earnings, predicts tough Q3 too
Nucor recording lower second quarter earnings on falling steel prices. And the Charlotte, N.C.-based predicted that profits would be lower still in the third quarter, primarily because of weaker results from its steel mills divisions.