Latest Breaking News On - Prnewswire globe specialty metals inc - Page 1 : comparemela.com

Share this article Share this article WASHINGTON, Jan. 27, 2021 /PRNewswire/ Globe Specialty Metals, Inc., a subsidiary of Ferroglobe PLC (NASDAQ:GSM) ( GSM ), and Mississippi Silicon LLC ( MS ), together representing the majority of American silicon metal production, today welcomed news that the U.S. Department of Commerce ( Commerce ) will impose preliminary duties of 7.41% on all silicon metal imports from Malaysia. Last August, the U.S. International Trade Commission (ITC) preliminarily determined that imports from Malaysia, along with Bosnia and Herzegovina, Iceland, and Kazakhstan, are a cause of material injury to the U.S. industry. On November 30, 2020, Commerce subsequently announced duties of 120% on all silicon metal imports from Kazakhstan, and on December 8, 2020, announced duties up to 47.54% on imports from Bosnia and Herzegovina and Iceland. The Commerce and ITC investigations are now in their final phases.

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