Russia's NLMK Could Close U.S. Business Due to Tariffs
Russian steelmaker NLMK has told the U.S. Department of Commerce that it could be forced to shut down its U.S. business due to the impact of new U.S. tariffs."Without an exclusion for semi-finished steel slabs, the tariffs will have the perverse effect of killing U.S. steelmaking jobs and potentially putting our company out of business," NLMK USA's Chief Executive Robert Miller wrote in a letter to the U.S. Department of Commerce dated March 23, 2018.Reporting by Polina Ivanova and Anastasia Lyrchikova; Writing by Polina Ivanova
Largest Cargo Year Ever for Port of Indiana-Burns Harbor
The Port of Indiana-Burns Harbor handled more shipments in 2014 than any year since the port opened in 1970. Total tonnage was up 30 percent over 2013 driven by strong shipments of steel, grain and salt. "It was a terrific year thanks to our port companies, steelmakers and businesses that use our port," said Rich Cooper, CEO for the Ports of Indiana. "Federal Marine Terminals, the port's terminal operator, and its labor force did a tremendous job handling the significant cargo increases that arrived at the port by ship and barge.
BV Certifies Production of Slabs for Shipbuilding
Recertification audit was successfully completed at NLMK by Bureau Veritas (France) for the combine's production of slabs for shipbuilding. The auditors inspected the operation of converter units and technical control services, the documentation of quality management system and control tests of samples of steel grades produced and supplied by NLMK to Europe according to the requirements of Bureau Veritas. NLMK will be granted a new Bureau Veritas certificate of conformity of the produced shipbuilding slabs, which will be in effect for five years. Source: FIS
