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[Ferro-Alloys.com]The Commerce Department recently announced an affirmative final determination, and anti-dumping duties, in the investigation of imports of silicomanganese from Australia.
Free Download: The February 2016 MMI Report
For anti-dumping investigations, dumping occurs when a foreign company sells a product in the U.S. at less than its fair value. Commerce determined that imports of silicomanganese from Australia have been sold in the U.S. at a dumping margin of 12.03%.
The sole mandatory respondent, Tasmanian Electro Metallurgical Company Pty Ltd. (TEMCO), received a final dumping margin of 12.03% Because there were no other respondents, TEMCO’s margin also serves as the final dumping margin for all other producers/exporters in Australia.
As a result of the final affirmative determination, Commerce will instruct U.S. Customs and Border Protection to collect cash deposits equal to the applicable weighted-average dumping margins.(http://agmetalminer.com)
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- [Editor:Sophie]
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