Europe eyes FeV crimp if US nixes duties
Feb 06, 2014 | 12:26 PM
| Claire Hack
LONDON Ferrovanadium availability in Europe could drop in the short-term if the U.S. International Trade Commission (ITC) removes anti-dumping orders on imports from China and South Africa.
The ITC is planning to carry out full five-year sunset reviews of the anti-dumping duty orders to determine whether revoking the orders would likely "lead to continuation or recurrence of material injury within a reasonably foreseeable time," the ITC said Feb. 4.
If the orders are revoked, it is possible sellers will send more material to the United States, where prices are markedly higher.
In the longer term, it could mean an increase in availability in the United States, which in turn could narrow or even close the gap in prices, one trader told AMM sister publication Metal Bulletin.....
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