International Magnesium product sales rate down to 15.23%.

U.S. Department of Commerce recently announced that the trial on the basis of traders in China Tianjin Magnesium Alloys International to conduct anti-dumping tax rate slightly down but not removed.

Last Friday the Commerce Department released a report on Chinese imports of pure magnesium preliminary anti-dumping duty decision. Tianjin Magnesium International Magnesium 2007-2008 the original anti-dumping tax rate 111.73%, based on preliminary rulings in this substantial reduction in anti-dumping tax rate to 15.23%. The view of the import approval during the 2008-2009 year, the United States preliminary ruling April Tianjin Magnesium International anti-dumping tax rate of zero magnesium alloy.

Tianjin Magnesium is currently the Ministry of Commerce and two other Chinese exporters, May 1, 2008 to April 30, 2009 to review the import volume, because the two companies did not review the issue of the U.S. Department of Commerce responded, the results of its anti-dumping duty rate to maintain 111.73% trial.

Sources said the Ministry of Commerce plans to final results published in October 2010, published in the Federal Bureau of final result, the current anti-dumping tax rate of pure magnesium will remain in effect.

Meanwhile, the Ministry of Commerce of China and Russia also imports of magnesium alloy for review. U.S. anti-dumping import duty on magnesium to protect its magnesium prices, cheap imports to prevent the impact of the U.S. market, but the North American Die Casting Association (NADCA) strongly urge that anti-dumping duties, which said in a written plea to the Chinese and the Russian sources lead to anti-dumping import channels blocked, the result is the U.S. production of magnesium alloy prices significantly higher than prices in other major markets, the U.S. magnesium metal end-user products have lost competitiveness.

As levied anti-dumping tax rate, the recent decision of the Chinese magnesium industry is no longer short-term imports of magnesium from China, which concerns brought to the market sentiment, market forecast, if the Tianjin Magnesium anti-dumping duty can be reduced to a certain extent, they will once again Magnesium exports to the United States, when the market situation of supply shortage will get some relief.