Novolipetsk Iron and Steel Works is suspending sending steel slabs to its rolling works in Pennsylvania.
According to the group president Oleg Bagrin, this has to do with the company failing to get its semi-finished products out of American steel import duties of 25%.
More over, NLMK USA is suspending its investment program of $300-400, including the renovation of the heating furnace at NLMK Pennsylvania. (Ukrainian metal)