NLMK leaves SMA due to ‘Buy America’ rift

May 21, 2014 | 01:18 PM | Michael Cowden

Tags  NLMK USA, NLMK, James Banker, Steel Manufacturers Association, SMA, Philip Bell, Buy America requirements, steel flat-rolled steel

CHICAGO — Flat-rolled steelmaker NLMK USA has left the Steel Manufacturers Association (SMA) due to disagreements over the association’s support for "Buy America" requirements, one company executive said.

NLMK USA felt the Washington-based trade group was no longer representing the company’s best interests, James Banker, executive vice president of commercial, told AMM.

"Additionally, the ‘Buy America’ issue is essentially one of fairness, and we want our raw material, slabs, treated the same as other imported raw materials such as hot-briquetted iron (HBI), direct-reduced iron (DRI), iron ore, coke (and) ferroalloys," he said via e-mail May 20.....

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