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04 May
21:18

NLMK USA says tariff will force business closure

Russian Steelmaker NLMK is very unhappy with how President Donald Trump’s 25% 232 tariffs might affect its US imports of semi-finished slab feedstock. Unless it receives an exemption, the company might be through in the US, according to documents filed by the company with the US Department of Commerce. NLMK USA ceo Robert Miller formally requests an exemption in the document dated 23 March, Kallanish notes. He makes the case for a slab deficit in the …
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