Malaysian SiMn will NOT come to the rescue

While everyone is focused on Renova’s problems to US buyers, it seems that the two Malaysian silicomanganese producers don’t see much of a market in the US, according to insiders. The problem is that Korea imposed dumping duties on imports from Ukiraine, India, and Vietnam last September; the final duties were 4.06% on Vietnam, 19.6% on the Ukraine, and 7.48-11.04% on Indian suppliers. As a result, the two Malaysian producers, AML and OMH, get better returns shipping to Korea.

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