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NEWS RELEASE 99-110; AUGUST 6, 1999 August 6, 1999
News Release 99-110
Invs. Nos. 303-TA-23, 731-TA-566-570, and 731-TA-641 (Reconsideration)

FERROSILICON FROM BRAZIL, CHINA, KAZAKHSTAN, RUSSIA,
UKRAINE, AND VENEZUELA DOES NOT INJURE U.S. INDUSTRY, SAYS ITC

The United States International Trade Commission (ITC) today made negative determinations in its reconsideration of earlier Commission affirmative determinations in countervailing duty and antidumping duty investigations involving imports of ferrosilicon from Brazil, China, Kazakhstan, Russia, Ukraine, and Venezuela.

Chairman Lynn M. Bragg, Vice Chairman Marcia E. Miller, and Commissioners Carol T. Crawford, Jennifer A. Hillman, Stephen Koplan, and Thelma J. Askey found that a U.S. industry was neither materially injured nor threatened with material injury by reason of imports of ferrosilicon from Brazil, China, Kazakhstan, Russia, Ukraine, and Venezuela that the Department of Commerce determined were being sold in the United States at less than fair value, and those from Venezuela that were being subsidized, at the time of the Commission's original investigations.

The Commission will communicate its negative determinations to the U.S. Department of Commerce by August 20, 1999.

On April 28, 1998, the Commission received a request to review its affirmative determination as it applied to imports of ferrosilicon from Brazil in light of changed circumstances. The request concerned only imports from Brazil; however, as the alleged changed circumstances predominantly related to the domestic industry, the Commission solicited comments from interested parties on the possibility of initiating reviews of the outstanding orders from Brazil, China, Kazakhstan, Russia, Ukraine, and Venezuela as well. After reviewing the comments it received, the Commission determined on July 28, 1998, that certain of the alleged changed circumstances were sufficient to warrant review investigations. Among the issues that were briefed by the parties to the investigations was the fact that, between 1995 and 1997, two domestic producers pleaded guilty to conspiring to fix prices of commodity ferrosilicon products during certain portions of the periods of the Commission's original investigations, and a third producer, and an officer of that producer, were convicted of conspiring to fix prices of commodity ferrosilicon products during the periods of the Commission's original investigations. On May 21, 1999, the Commission issued a Federal Register notice indicating that it had decided to suspend its review investigations and reconsider the original Commission determinations. As a result of the reconsideration proceeding, the Commission has terminated the changed circumstances review.

The Commission's public report Ferrosilicon from Brazil, China, Kazakhstan, Russia, Ukraine, and Venezuela (Investigations Nos. 303-TA-23, 731-TA-566-570, and 731-TA-641 (Reconsideration)), USITC Publication 3218, August 1999) will contain the views of the Commission.

Copies of the report are expected to be available after September 10, 1999, by calling 202-205-1809 or from the Office of the Secretary, 500 E Street SW, Washington, DC 20436. Requests may also be faxed to 202-205-2104.

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