ADD determinations - Ferrosilicon from Venezuela, Russia 

July 28:  The U.S. Commerce Department announced its affirmative final determination in the antidumping duty (ADD) investigation of imports of ferrosilicon from Venezuela and negative final determination in the ADD investigation of imports of ferrosilicon from Russia.

As explained in an ITA release [PDF 87 KB], because the final ADD determination concerning exports of ferrosilicon from Russia was “negative,” the investigation has been terminated with respect to Russia.

However, in the Venezuela investigation, the dumping margin was found to be 22.84%. As a result of the final affirmative determination for Venezuela, Commerce will instruct U.S. Customs and Border Protection (CBP) to collect cash deposits equal to the applicable weighted-average dumping margin.

What’s next?

The ITC is scheduled to make its final injury determination with regard to imports from Venezuela on September 7, 2014.

Because Commerce’s final determination with regards to imports from Russia was negative, the ITC will not be making a final determination with respect to the Russian proceeding.

If the ITC makes an affirmative final determination that imports of ferrosilicon from Venezuela materially injure, or threaten material injury to, the domestic industry, Commerce will issue an AD order. If the ITC makes a negative determination of injury, the investigation will be terminated.

For more information, contact a professional with KPMG’s Trade & Customs practice:

Douglas Zuvich

(312) 665-1022

Andrew Siciliano

(631) 425-6057

John L. McLoughlin

(267) 256-2614

Todd R. Smith

(949) 885-5617

Luis A. Abad

(212) 954-3094

Amie Ahanchian

(202) 533-3247

Or your local KPMG Trade & Customs professional.

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