“The preliminary ITC decision is an important step towards leveling the playing field for US UAN producers and their workers,” said Tony Will, president and CEO, CF Industries Holdings, Inc. “CF Industries will continue participating actively in the ongoing investigations in order to restore fairness to our highly competitive industry and ensure that American UAN producers remain a reliable source of fertilizers for American farmers for years to come.”
The ITC's decision found that there is a reasonable indication that imports of UAN from Russia and Trinidad materially injure the US UAN industry. Under US trade laws, a finding of injury to the domestic industry is a prerequisite for imposing antidumping and countervailing duties.
As a result of the ITC’s determination, the US Department of Commerce will continue its own investigations of UAN imports from Russia and Trinidad. The purpose of Commerce’s investigations is to determine whether imports of UAN from Russia and Trinidad are being dumped in the US market or unfairly subsidised, and if so at what levels. If Commerce’s final determinations are affirmative, then the ITC will make a final injury determination. If both agencies make affirmative final determinations – which typically takes approximately one year – then Commerce will issue antidumping and countervailing duty orders on UAN from Russia and Trinidad, which will remain in place for at least five years.
Read the article online at: https://www.worldfertilizer.com/nitrogen/17082021/cf-industries-welcomes-preliminary-itc-decision-on-uan-imports/