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AMM

American Metal Market

By Daniel Fitzgerald

August 12, 2013

Ferrosilicon dumping probe kicks off

NEW YORK - The U.S. Department of Commerce has initiated anti-dumping duty investigations into imports of ferrosilicon from Russia and Venezuela.

The U.S. International Trade Commission (ITC) is scheduled to make its preliminary injury determinations on or before Sept. 3. If the ITC determines these imports are harmful or threaten to harm the domestic industry the investigation will more forward, with Commerce making its preliminary determination in December. The investigation will end if no injury is found.

If the investigation continues, Commerce's final determinations would be made in March 2014, while the ITC would make its final determinations in April 2014, followed by the issuance of orders.

The investigations cover all forms and sizes of ferrosilicon, regardless of grade, including ferrosilicon briquettes.

The announcement follows a petition filed July 19 by CC Metals & Alloys LLC and Globe Specialty Metals Inc. that targets ferrosilicon imports primarily handled by Allegheny Alloys Trading LP, Ferroatlantica North America Inc. and Russian Ferroalloys Inc., among others (amm.com, July 19). 

The petition alleges that dumping margins on Russian material range from 21.85 to 60.78 percent while those on Venezuelan material are between 20.07 and 60.11 percent, and that the U.S. ferrosilicon industry is suffering material injury as a result of the alleged dumping. 

In 2012, approximately 112,400 tonnes of ferrosilicon was imported from Russia at a value of $153.4 million, while 28,100 tonnes of ferrosilicon was imported from Venezuela at a value of $39.5 million, Commerce said.