Commerce Launches Antidumping Duty Investigations on Ferrosilicon from Russia and Venezuela

The Commerce Department is beginning antidumping duty investigations on ferrosilicon from Russia and Venezuela, it said in an Aug. 9 fact sheet. A group of domestic producers and labor unions requested the investigation July 19, alleging low-priced Russian and Venezuelan ferrosilicon is causing falling market prices, a drop in domestic sales revenue, and a decline in employment (see 13072624). They allege dumping margins of 21.85 to 60.78 percent for Russian exporters, and 20.07 to 60.11 percent for Venezuelan exporters, the fact sheet said.