NLMK USA Soldiers on as it Waits for Ruling on Tariff Exclusion

NLMK USA was not among the mills to learn earlier today that the Commerce Department had denied their requests for relief from the Section 232 tariffs on imported slabs. California Steel Industries and Evraz got the bad news. But NLMK USA President and CEO Robert Miller is still angry about it. “The administration, Commerce, BIS and ITA are all grossly mistaken in determining that domestic slabs are available in sufficient quantities to satisfy the needs of all of the slab re-rollers. This is a simple and basic fact of today’s domestic steel industry. This is what you get when government overextends their reach. You have unfair treatment and clear winners and losers,” Miller said.

NLMK USA has not yet seen its exclusion requests denied. Their approval, which appears less likely in light of the CSI and Evraz rulings, is of high importance to the company, Miller explained to Steel Market Update in an interview last week.