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US Department of Commerce to issue countervailing duty orders on phosphate fertilizers from Russia and Morocco
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Morocco and Russia Subject to Phosphate Fertilizer Import Duties
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Morocco and Russia Subject to Phosphate Fertilizer Import Duties
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U.S. Department of Commerce Issues Final Affirmative Countervailing Duty Determinations on Phosphate Fertilizer Imports from Morocco and Russia
February 9, 2021 GMT
TAMPA, FL / ACCESSWIRE / February 9, 2021 / Today, the U.S. Department of Commerce announced its final determination that phosphate fertilizer imports from Morocco and Russia are unfairly subsidized. Commerce calculated a subsidy rate of 19.97 percent for Moroccan producer OCP. In the Russia investigation, Commerce calculated rates of 9.19 percent and 47.05 percent for PhosAgro and EuroChem, respectively, and a rate of 17.2 percent for all other producers/exporters.
The U.S. International Trade Commission (ITC) is conducting a concurrent investigation to determine whether Moroccan and Russian phosphate fertilizer imports materially injure the U.S. phosphate fertilizer industry. A final ruling is expected by mid-March. If the ITC