January 10, 2002
News Release 02-003
Invs. Nos. 731-TA-986 and 987 (P)

ITC VOTES TO CONTINUE CASES ON FERROVANADIUM FROM CHINA AND SOUTH AFRICA

The United States International Trade Commission (ITC) today determined that there is a reasonable indication that an industry in the United States is materially injured by reason of imports of ferrovanadium from China and South Africa that are allegedly sold in the United States at less than fair value.

All five Commissioners voted in the affirmative.

As a result of the Commission's affirmative determinations, the U.S. Department of Commerce will continue to conduct its antidumping investigations of imports of this product from China and South Africa, with its preliminary determinations due on or about May 6, 2002.

The Commission's public report Ferrovanadium from China and South Africa (Investigations Nos. 731-TA-986 and 987 (Preliminary), USITC Publication 3484, January 2002) will contain the views of the Commission and information developed during the investigations.

Copies of the report are expected to be available after February 7, 2002, 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.


UNITED STATES INTERNATIONAL TRADE COMMISSION
Office of Industries
Washington, DC 20436

FACTUAL HIGHLIGHTS

Ferrovanadium from China and South Africa
Investigations Nos. 731-TA-986 and 987 (Preliminary)

Product Description: The imported product subject to these investigations is ferrovanadium, which is an alloy of iron and vanadium used chiefly as an additive in the manufacture of steel.

Status of Proceedings:

1.  Type of investigations:  Preliminary antidumping.
2.  Petitioners: The Ferroalloys Association Vanadium Committee and its members: Bear
        Metallurgical Co., Butler, PA; Shieldalloy Metallurgical Corp., Cambridge, OH; Gulf
        Chemical & Metallurgical Corp., Freeport, TX; U.S. Vanadium Corp., Danbury, CT; and CS
        Metals of Louisiana, Convent, LA.
3.  Preliminary investigations instituted by the USITC: November 26, 2001.
4.  USITC staff conference: December 17, 2001.
5.  USITC vote: January 10, 2002.
6.  USITC determinations to the U.S. Department of Commerce: January 10, 2002.


U.S. Industry:

1.  Number of producers in 2001: Two.
2.  Location of producers' plant: Butler, PA and Cambridge, OH.
3.  U.S. producers' shipments: (1)
4.  U.S. consumption: (1)
5.  Ratio of quantity of total imports from all sources to U.S. consumption: (1)

  
U.S. Imports:                     

1.  From the subject countries during 2001: 3,292,000 pounds (contained vanadium) valued at
        $11,806,000.
2.  From other countries during 2001: 4,180,000 pounds (contained vanadium) valued at
        $14,399,000.
(1) Withheld to avoid disclosure of business proprietary information.

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