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.

Click here to read more...

 

AMM

American Metal Market

August 5, 2013

End of GSP likely to cost US firms 'millions'

NEW YORK - The U.S. government's failure to renew the Generalized System of Preferences (GSP) program, which expired July 31, means that domestic companies "will need to find tens of millions of dollars to pay unnecessary import taxes," the Coalition for GSP said.

Companies will start paying an estimated $2 million per day in new import taxes after a bill that would have extended the GSP program until October 2015 failed to pass the U.S. Senate before Congress entered an August recess, according to the coalition, whose members include Miami-based Georgian American Alloys Inc. and Traxys North America LLC, New York.

Click here to read more...

 

Ryan’s Notes

July 29, 2013

ITC hearing on SiMn draws sparks

Arguments presented this month to the ITC by FerroAtlantica and its subsidiary, FerroVen, as to why there should be no antidumping duties on Venezuelan silicomanganese were precise: Venezuelan producers are not substantial contributors to the global silicomanganese market and should not be subject to antidumping duties placed on large market players like India and Kazakhstan. Venezuela in no way represents a threat nor has it caused harm to US domestic producers, testified Julie Mendoza of Morris, Manning & Martin, the law firm representing FerroAtlantica.

Click here to read more...

 

Ryan’s Notes

July 29, 2013

Here we go again, another FeSi dumping case; half US consumption affected

It looks like there will be another US ferrosilicon dumping case after the first one ended in disaster a few years ago. The two US ferrosilicon producers, CC Metals and Alloys, and Globe Specialty Metals, along with the USW and the UAW, filed a suit against all the Russian and Venezuelan ferrosilicon producers, charging them with dumping.

According to die US producers' petition, the dumping margins for Russia range from 21.85% to 60.77% ad valorem, and the dumping margins for Venezuela range from 20.07% to 60.11% ad valorem. The period of investigation for the case is July 2012 through June 2013.

Click here to read more...

 

AMM

American Metal Market

By Daniel Fitzgerald

July 29, 2013

GSP expiration could impact ferroalloys

NEW YORK - A federal bill that would extend the Generalized System of Preferences (GSP) program until October 2015 apparently is being held up in the Senate. The program is due to expire July 31.

The GSP program extends duty-free treatment to several thousand products imported into the United States, including ferroalloys, from developing nations such as India, Russia and South Africa.

Click here to read more...

Page 29 of 31