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    Market Segment

    June 7, 2018

    NLMK Faces Objections to Slab Exclusion Request

    Written by Sandy Williams

    NLMK USA has requested tariff exclusion on the import of slabs under Section 232, but has received blowback from several U.S. steel mills. Nucor, U.S. Steel and AK Steel have filed objections to the request, arguing that there is sufficient slab supply in the United States to supply NLMK yet the company continues to buy slabs from its Russian parent to maximize profits.

    Wrote Nucor in its filing, “Such a business model directly undermines U.S. steel production and should not be rewarded with a product exclusion.” U.S. Steel and Nucor both object to the imports of slabs from a “major U.S. foreign policy adversary such as Russia.”

    Sandy Williams

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