NLMK Settles Section 232 Dispute with US Government
Government resolving NLMK’s lawsuit challenging the Department of Commerce’s denial of NLMK’s requests for exclusion from Section 232 steel tariffs. NLMK filed the suit in the United States Court of International Trade on February 27, 2020. It covered 86 requests for slab exclusions submitted by NLMK USA in 2018. The Department of Commerce denied NLMK’s exclusion requests based on statements and representations from other US steel companies that they were willing and able to supply the products NLMK USA required. NLMK USA challenged this, insisting that American mills did not manufacture the products in the quality and quantity required. In the settlement, without admitting that it had acted improperly, the Government agreed to refund to NLMK USA a significant portion of the tariffs it had paid, with accrued interest.
NLMK Group operates three steel mills in Indiana and Pennsylvania. NLMK has invested more than USD 800 million in these facilities, ensuring employment for more than 1100 workers. The facilities’ production capacity is 0.8 million tonnes of steel and 2.9 million tonnes of rolled products.