NLMK might be forced to shut down its American business, if US does not exclude the slabs from the list of goods affected by the duties.
In March NLMK USA submitted a claim to the Department of Trade to exclude the slabs from the list. It claims that it will have to import slabs in any case, as there is not enough output in the country and the shortage is estimated at 9.55 million tons.
NLMK USA imports some 1.5 million tons of slabs per year. (Ukrainian metal)
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