U.S. Commerce Department Imposes Heavy Duties on Russian Ferrosilicon
U.S. Commerce Department imposes heavy preliminary duties on all imports of Russian ferrosilicon in response to unfair pricing and improper subsidies, potentially impacting global trade relations.
This news matters because the duties aim to address unfair trade practices by Russian producers, potentially restoring a level playing field for U.S. ferrosilicon producers. It impacts the global ferrosilicon market and trade relations between the U.S. and Russia.