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U.S. Government Concludes That Small Diameter Graphite Electrodes From China Are Being Unfairly Traded
WASHINGTON, Jan. 6 /PRNewswire-USNewswire/ -- The U.S. Department of Commerce ("Commerce" or "Commerce Department") today confirmed its August 2008 preliminary decision that Chinese producers are dumping their products inthe United States. Commerce announced that provisional antidumping duties of up to 159 percent will be placed on imports of all small diameter graphite electrodes fromChina.
"On behalf of the petitioners SGL Carbon and Superior Graphite, we are not surprised by the U.S. Department of Commerce's final decision that Chinese small diameter graphite electrode producers were selling their product inthe United States at unfair prices," said David A. Hartquist, the domestic small diameter graphite electrodes industry's lead trade counsel. "The case will now continue to the next step of this proceeding at the U.S. International Trade Commission. The Commission will vote in February whether it believes that these dumped imports have caused or threaten to cause injury to the U.S. industry. The U.S. industry already knows the answer to this question; U.S. producers have had to bear the burden of low-priced Chinese imports that have caused serious harm to our market."
Today's decision is another important step toward securing relief for domestic producers of small diameter graphite electrodes. Imports of such electrodes fromChina have surged dramatically over the last several years, taking growing market share and causing significant financial harm to the domestic industry. In 2008, imports fromChina constituted the majority of all imports of small diameter graphite electrodes, taking a large and growing market share from the domestic industry.
Small diameter graphite electrodes are produced from various grades of petroleum coke and are used in ladle metallurgy and specialty furnace applications in industries including foundries, smelters, and steel refining operations. Graphite electrodes act as conductors of electricity in furnaces and generate heat to produce steel and other materials. Heat is generated by graphite electrodes as electricity passes through them and creates an electric arc between the electrodes and the raw material.
The petitioners in this investigation are Superior Graphite Company,Chicago, IL, and SGL Carbon LLC,Charlotte, NC. They are represented by David A. Hartquist, chairman of the International Trade and Customs Practice of Kelley Drye & Warren LLP.
SOURCE Superior Graphite Company; SGL Carbon LLC
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