London (Platts)--28Feb2013/656 am EST/1156 GMT
The European Commission has initiated an expiry review of antidumping duties currently in place on imports of ferrosilicon from China and Russia, the EC said Thursday. The move comes following a request from European producer group Euroalliages, the EC said. The duties, which are due to expire on March 1, range from 15.6-31.2% in the case of China and 17.8-22.7% for Russia. Euroalliages has provided evidence that, should the existing antidumping measures be allowed to lapse, "the current import level of the product under review from the PRC and Russia to the Union is likely to increase due to the existence of unused capacity in the countries concerned," the EC said in a notice in its Official Journal. Article continues below...Metals Daily now available on Platts Market CenterPlatts Metals Daily is now available for subscribers on Platts Market Center, an interactive website featuring Platts news, market commentaries, proprietary price assessments and archived content, as well as the daily PDF. PMC will also make available several key US benchmark assessments to subscribers earlier in the US day than with the current PDF-only delivery mode. PMC also includes archived proprietary prices and a custom graphing feature. PMC offers a mobile version viewable on PDAs and smart phones. For further information on registration, please contact Customer Care: support@platts.com
The European Commission has initiated an expiry review of antidumping duties currently in place on imports of ferrosilicon from China and Russia, the EC said Thursday. The move comes following a request from European producer group Euroalliages, the EC said. The duties, which are due to expire on March 1, range from 15.6-31.2% in the case of China and 17.8-22.7% for Russia. Euroalliages has provided evidence that, should the existing antidumping measures be allowed to lapse, "the current import level of the product under review from the PRC and Russia to the Union is likely to increase due to the existence of unused capacity in the countries concerned," the EC said in a notice in its Official Journal.
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Platts Metals Daily is now available for subscribers on Platts Market Center, an interactive website featuring Platts news, market commentaries, proprietary price assessments and archived content, as well as the daily PDF. PMC will also make available several key US benchmark assessments to subscribers earlier in the US day than with the current PDF-only delivery mode. PMC also includes archived proprietary prices and a custom graphing feature. PMC offers a mobile version viewable on PDAs and smart phones. For further information on registration, please contact Customer Care: support@platts.com
"The applicant has also provided sufficient evidence that the exporting producers in the countries concerned are exporting ferrosilicon at dumped prices to other third countries," it added. The EC said it has concluded there is sufficient evidence to launch a review to determine whether the expiry of the measures would be likely to lead to a continuation or recurrence of dumping. The investigation will be concluded within 15 months of Thursday's publication of the notice in the Official Journal.--Andy Blamey, andy_blamey@platts.com--Edited by James Leech, james_leech@platts.com
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