Email a friend
  • To include more than one recipient, please separate each email address with a semi-colon ';', to a maximum of 5

  • By submitting this article to a friend we reserve the right to contact them regarding AMM subscriptions. Please ensure you have their consent before giving us their details.

ITA’s FeSi ruling seen having little impact

Mar 07, 2014 | 02:07 PM |

Tags  ferrosilicon, ferrosilicon imports, International Trade Administration, anti-dumping, Russia ferrosilicon, Venezuela ferrosilicon, FerroAtlantica de Venezuela, RFA International Thorsten Schier

NEW YORK — Ferrosilicon market participants expect the recent preliminary anti-dumping decision by the U.S. Commerce Department’s International Trade Administration (ITA) on imports from Russia and Venezuela to have little immediate impact on the market.

The ITA assessed preliminary duties of 27.27 percent on Venezuelan ferrosilicon producers, including FerroAtlantica de Venezuela SA, but zero for Russian producer RFA International LP (, March 5).

Domestic representatives of the companies could not be reached for comment.

“We don’t think much happens at all. It doesn’t make sense for the Russians to bring in big tons since the final determination has not been made,” one trader said. “Our take: for the next four to six months, no change.” But if the final determination is unchanged, RFA International would again be a big player in next year’s long-term contract negotiations, he added.

Meanwhile, FerroAtlantica has plants in other countries and is not reliant on its Venezuelan operations to supply its U.S. customers, sources said. They also pointed out that Russia ships more material to the United States than Venezuela, with imports from Russia totaling 85,400 tonnes last year vs. 31,300 tonnes from Venezuela, lessening the impact of the duties.

Some also pointed out that political unrest might present greater challenges to FerroAtlantica’s operations in Venezuela at the moment.

“The (anti-dumping) duty is the least of their worries,” a second trader said.

Ferrosilicon prices remained between 96 cents and $1 per pound this past week, with spot transactions reported in AMM’s range.

Latest Pricing Trends Year Over Year


How will the US Treasury Department’s sanctions against UC Rusal affect the US downstream aluminium sector?

They will have a severe impact; companies might go out of business.
They will have a limited impact, but there will be some disruptions
They will have no impact, business will be unaffected

View previous results