December 19, 2002
News Release 02-115
Invs. Nos. 731-TA-986-987 (Final)

FERROVANADIUM FROM CHINA AND SOUTH AFRICA INJURES U.S. INDUSTRY, SAYS ITC

The United States International Trade Commission (ITC) today determined that an industry in the United States is materially injured by reason of imports of ferrovanadium from China and South Africa that the Department of Commerce has determined are 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 Department of Commerce will issue antidumping duty orders on imports of this product from China and South Africa.

The Commission's public report Ferrovanadium from China and South Africa (Invs. Nos. 731-TA-986-987 (Final), USITC Publication 3570, January 2003) will contain the views of the Commission and information developed during the investigations.

Copies may be obtained after February 3, 2003, by calling 202-205-1809 or from the Office of the Secretary, 500 E Street SW, Washington, DC 20436. Requests may also be made by fax 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 (Final)

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 investigation:  Final 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. Investigations instituted by USITC:  November 26, 2001. 
4. Hearing:  November 22, 2002.
5. USITC vote:  December 19, 2002.
6. Transmittal of USITC determinations to Department of Commerce: On or before January 13, 2003.


U.S. Industry:

1. Number of producers in 2001:  Three.  One producer had limited production of
   ferrovanadium during the period for which the Commission requested information. 
2. Location of producers' plants:  Butler, PA; Cambridge, OH; and Edinburg, PA.
3. Employment of production and related workers: (1) 
4. U.S. producers' shipments in 2001: (1)
5. U.S. apparent consumption in 2001:  11,891,000 pounds (contained vanadium) valued at
   $45,430,000.
6. Ratio of quantity of total imports to U.S. apparent consumption in 2001:  47.2 percent.


U.S. Imports:
1. From China and South Africa combined during 2001:  3,466,000 pounds (contained
   vanadium) valued at $13,333,000.
2. From other countries during 2001:  2,150,000 pounds (contained vanadium) valued at
   $8,362,000. 
(1)Withheld to avoid disclosure of business proprietary information.

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