ITC Says Alloy From Russia, Venezuela Hurting US Plants

Law360, New York (August 30, 2013, 5:08 PM EDT) -- The U.S. International Trade Commission determined Friday that U.S. companies might be taking a hit from allegedly unfairly priced imports of an additive used in steel production brought in from Russia and Venezuela, increasing the likelihood that duties could be imposed on those imports.

The six commissioners unanimously found that there was a reasonable indication that imports of ferrosilicon, an alloy of silicon and iron, from those two countries had "materially injured" two U.S. producers of the product.

Those companies, New York-based Globe Specialty Metals Inc....
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