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NEWS RELEASE 98-029; APRIL 29, 1998 April 29, 1998
News Release 98-029
Inv. No. 332-393

ITC SEEKS INPUT FOR A FACTFINDING STUDY ON GLOBAL TRADE IN AMMONIUM NITRATE

The U.S. International Trade Commission (ITC) is seeking input from industry officials, trade associations, and others for a factfinding investigation on global trade in ammonium nitrate.

The investigation, Ammonium Nitrate: A Comparative Analysis of Factors Affecting Global Trade (Investigation No. 332-393), was requested by the Committee on Finance, U.S. Senate, in a letter received April 3, 1998.

In its letter, the Committee noted that U.S. ammonium nitrate producers have concerns about competitive conditions affecting their industry, including increased imports of ammonium nitrate from Russia. The Committee further noted that producers believe that these increased imports are the indirect result of the EU's imposition of an antidumping order in 1995 on EU imports of ammonium nitrate from Russia. Moreover, the producers are concerned about additional imports of Russian ammonium nitrate into the United States as a result of the EU's recent institution of a review of the original order, according to the Committee's letter.

As requested, the ITC will provide a comparative analysis of the ammonium nitrate industries in the United States, the European Union, and Russia. The analysis will include profiles of the industries, addressing, to the extent possible, factors such as production, trade, and consumption; ownership and investment patterns; government programs; the ammonium nitrate production process with information regarding major feedstocks; and trends in domestic and export prices of ammonium nitrate.

The ITC report will be submitted to the Senate Committee on Finance no later than October 2, 1998.

The ITC is seeking information for its study from all interested parties. A public hearing will be held on June 16, 1998, in connection with the investigation. Requests to appear at the hearing should be filed no later than 5:15 p.m. on June 2, 1998, with the Secretary, U.S. International Trade Commission, 500 E Street, SW, Washington, DC 20436.

The ITC also welcomes written submissions for the record. Written submissions (one original and 14 copies) should be addressed to the Secretary at the address above and should be submitted at the earliest practical date but no later than 5:15 p.m. on June 30, 1998. All written submissions, except for confidential business information, will be available for public inspection.

Further information on the scope of the investigation and appropriate submissions is available in the ITC's notice of investigation, dated April 28, 1998, which may be obtained from the ITC Internet server (www.usitc.gov) or by contacting the Office of the Secretary at the above address or at 202-205-1802.

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