US Commerce affirms South Korean ferro-vanadium duties

The US Commerce Department has affirmed its decision to impose anti-dumping duties on imports of ferro-vanadium from South Korea, confirming its belief that the material had been sold at less than fair value.

In its final determination, Commerce reinforced its decision to impose steep duties on Fortune Metallurgical Group Co, Ltd and Woojin Ind Co, Ltd. Anti-dumping duties were confirmed at 54.69% on imports from the two South Korean ferro-vanadium exporters, according to a March 17 fact sheet.

Meanwhile the department lowered its initial dumping assessment...

Published

Chris Kavanagh

March 20, 2017

01:55 GMT