U.S. International Trade Commission Confirms Malaysian Imports Have Injured U.S. Silicon Metal Industry; U.S. Industry Applauds Antidumping Order



Yahoo Finance Staff | Yahoo Finance

Globe Specialty Metals, Inc., a subsidiary of Ferroglobe PLC (NASDAQ:GSM) (GSM), and Mississippi Silicon LLC (MS), collectively representing the majority of American silicon metal production, today announced the U.S. International Trade Commission’s (ITC) final 5-0 vote confirming that silicon metal imports from Malaysia have materially injured the U.S. industry.

Following today’s decision, the U.S. Department of Commerce (Commerce) will issue a formal antidumping (AD) duty order covering all imports from Malaysia for at least five years.

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