Russian and Venezuelan ferrosilicon is being sold in the United
States at less than fair value, according to an anti-dumping
petition filed with the Commerce Department and the
International Trade Commission.
The petition filed by
CC Metals & Alloys LLC and Globe Specialty Metals Inc.
targets ferrosilicon imports handled by Allegheny Alloys
Trading LP, CCMA LLC, Ferroatlantica North America Inc. and
Russian Ferroalloys Inc., among others.
trading house CCMA is separate from Calvert City, Ky.-based CC
Metals & Alloys.
The petition alleges
that dumping margins on Russian material range from 21.85 to
60.77 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
"Over the POI (period
of investigation), the dumped imports have captured a very
large and growing share of the U.S. ferrosilicon market. By
2012, the unfair import volume had increased to 117,209 short
tons, which is equivalent to 64.4 percent of total imports,"
the petition said. "The imports are being sold at very low
prices that undercut the prices of the U.S. producers, and
cause lost domestic industry sales volume, lost revenues, price
depression and suppression, and declining market prices.
"The industry has lost
market share and has suffered a decline in employment," the