NLMK, Government Reach 232 Settlement
By Metal Center News Staff
on Nov 16, 2020
NLMK Indiana and NLMK Pennsylvania, NLMK Group’s American division companies, have reached an amicable settlement with the United States government resolving NLMK’s lawsuit challenging the Department of Commerce’s denial of NLMK’s requests for exclusion from Section 232 steel tariffs. The government has agreed to refund NLMK USA a significant portion of the tariffs it had paid, with accrued interest.
NLMK filed the suit in the United States Court of International Trade on Feb. 27. 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 U.S. 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.
The government agreed to the settlement without admitting it had acted improperly.
NLMK Group operates three steel mills in Indiana and Pennsylvania. NLMK has invested more than $800 million in these facilities. The facilities’ production capacity is 800,000 metric tons of steel and 2.9 million tons of rolled products.