VSMPO-Avisma wins magnesium anti-dumping case in U.S.
YEKATERINBURG. Sept 20 (Interfax) - The Russian corporation VSMPO-Avisma and its U.S. branch VSMPA-Tirus have won a court case involving allegations of dumping in shipments of magnesium to the United States.
Judge Judith Barzilay of the United States Court of International Trade ruled that the method used by the Department of Commerce to determine the value of magnesium produced by VSMPO-Avisma was faulty, causing the Department to redetermine company revenues from operations with the metal.
The court found that "Commerce has failed to take into account Avisma's ordinary course of business in calculating the value for chlorine gas, its methodology does not accord with law," according to the official court opinion.
The court ordered that "Commerce recalculate the value for chlorine gas in its determination of the normal value of the subject merchandise, taking into account Avisma's ordinary course of business by focusing on Avisma's entire production process, including the stages of production encompassing and following ilmenite catalyzation" and "that Commerce shall have until November 9, 2010 to file its remand results with the Court. Plaintiffs and Defendant-Intervenor shall file comments, if any, with the Court no later than December 7, 2010."
VSMPO-Avisma is Russia's monopoly producer of titanium and manufactures and is the world's largest producer of the metal.