Former Nucor CEO: Producers can apply to exempt certain products from tariffs

Thursday, 08 March 2018 16:03:38 (GMT+3)   |   Istanbul

Dan DiMicco, former CEO of US steelmaker Nucor, has said at a press conference that steel and aluminum producers in the US could file petitions to exempt certain products that are not produced in the country from Section 232 tariffs.

“There will be a process whereby people can apply for an exclusion by product, but they will need to make a strong case that the product is not available here and can’t be made here. People will have to prove the need, and the inability of the domestic market to make it or unwillingness by the domestic producers to make it,” DiMicco said.


Similar articles

Moody’s expects Mexico to retain preferential US market access under USMCA

19 Jun | Steel News

CPA: Section 232 steel tariffs remain critical for US national security and industrial resilience

07 Nov | Steel News

US steel markets react to Trump victory, focus on higher tariffs and tax cuts likely to affect steel prices, further ...

13 Nov | Steel News

Trump to impose "stiff and sweeping" steel tariffs by next week

01 Mar | Steel News

Fitch Ratings revises Gerdau outlook from stable to positive

03 Jul | Steel News

Mexico’s ferrous scrap prices for the domestic market continue to soften on healthy scrap inventories

03 Jul | Scrap & Raw Materials

US flat steel pricing continues advance though spot values could be at or near peak

03 Jul | Flats and Slab

Chile’s economy contracted year over year in May

03 Jul | Steel News

EU HRC market evaluates disclosed import CSQs and deals with immediate consequences for Q3 clearances, awaits official ...

03 Jul | Flats and Slab

Global View on Scrap: Turkey still falls amid sluggish demand, Asia impacted by soft Chinese market

03 Jul | Scrap & Raw Materials