Ferrosilicon ‘floor’ seen likely after filing

Jul 22, 2013 | 02:45 PM | Daniel Fitzgerald

Tags  ferrosilicon, ferrosilicon imports, Russian ferrosilicon, Venezuelan ferrosilicon, Globe Specialty metals, CCMA, CC Metals & Alloys, Ferroatlantica Allegheny Alloys Trading

NEW YORK — U.S. imports of Russian and Venezuelan ferrosilicon will likely fall following the filing of an anti-dumping petition seeking duties against the product, creating a "floor" for domestic pricing, market participants said.

Russian and Venezuelan ferrosilicon is allegedly being sold in the United States at less than fair value, according to the July 19 petition filed with the Commerce Department and the International Trade Commission (amm.com, July 19). The petition was filed by CC Metals & Alloys LLC and Globe Specialty Metals Inc., and targets Russian and Venezuelan ferrosilicon imports handled by Allegheny Alloys Trading LP, CCMA LLC, Ferroatlantica North America Inc. and Russian Ferroalloys Inc.....

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