FACT SHEET
Preliminary Determination in the Antidumping Duty Investigations
on
Imports of Ferrovanadium from the People's Republic of China and
the Republic of South Africa
On Wednesday, June 26, 2002, the Department of Commerce
announced its preliminary determination in the above-mentioned investigations
on imports of ferrovanadium from People's Republic of China ("China")
and the Republic of South Africa ("South Africa").
Petitioners:
The petitions were filed November 26, 2001, by Bear Metallurgical Company,
Shieldalloy Metallurgical Corporation, Gulf Chemical & Metallurgical
Corporation, U.S. Vanadium Corporation, and CS Metals of Louisiana LLC.
On Tuesday, December 18, 2001, the Department of Commerce announced
the initiation of these antidumping investigations.
Product Description
The merchandise subject to these investigations is ferrovanadium, an
alloying agent added to steel to enhance strength and wear resistance.
The technical language describing the scope of these investigations
will be included in the notice of initiation which will be published
in the Federal Register.
Case Calendar:
|
Event
|
Date
|
| Petition Filed |
November 26, 2001 |
| DOC Initiation |
December 17, 2001 |
| ITC Preliminary Injury Determination |
January 10, 2002 |
| DOC Preliminary Determination |
June 25, 2002 |
| DOC Final Determination Deadline* |
September 9, 2002 |
| ITC Final Injury Determination Deadline * |
October 23, 2002 |
| Order* |
October 30, 2002 |
*Note: U.S. law allows these dates to be extended.
Preliminary Dumping Margins
|
COUNTRY
|
PRELIMINARY MARGINS
|
China
Pangang Group International & Trading Corp.
PRC wide |
Pangang - 73.29%
PRC Wide - 78.52% |
South Africa
Highveld Steel and Vanadium Corporation
Xstrata South Africa (Proprietary) Limited
All Others |
Highveld - 45.58%
Xstrata -37.29%
All Others - 41.72% |
Import Statistics:
|
Country
|
|
1999
|
2000
|
2001
|
| China |
Quantity (kg) |
507,987 |
904,353 |
609,996 |
| |
Value |
$3,732,182 |
$5,886,489 |
$3,598,047 |
| South Africa |
Quantity (kg) |
826,417 |
591,054 |
1,391,830 |
| |
Value |
$6,616,866 |
$5,227,570 |
$8,999,883 |
*Note: These statistics are from the USITC's Dataweb and
reflect the aggregate of all items
imported from the PRC and South Africa under the HTSUS classification
number 7202.92.00.
|
