The U.S. International Trade Commission ruled in a unanimous decision Wednesday to revoke anti-dumping duties on imports of ferrovanadium and nitrided vanadium from Russia.
“The (ITC) today determined that revoking the existing anti-dumping order on ferrovanadium and nitrided vanadium from Russia would not be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time,” the agency said in a statement. Steelmaker Evraz Group SA, the main participant in the trade case on the Russian supplier side, applauded the ruling. “Evraz agrees with the decision by the (ITC) to revoke the Russian ferrovanadium anti-dumping duty order.
The commercial importance of vanadium was establishedduring the first third of the century. Discovery of high-gradedeposits in Namibia, Peru, and Zambia, along with additional development of the deposits on the Colorado Plateau in theWestern United States, did much to ensure a sufficient supplyof vanadium. Metallurgical progress was also being made during this period in the production of ferrovanadium.
Six countries recovered vanadium from ores, concentrates,slag, or petroleum residues. China, Russia, and SouthAfrica were the leading nations in vanadium production. Infour of the five foreign countries, its production wasprimarily a byproduct of iron mining and processing.
In 2000, all U.S. production of this chemical was from various industrial waste streams. Fewer than 10 firms, primarily in Arkansas, Louisiana, Texas, and Utah, processed materials such as vanadium-bearing iron slag, fly ash, petroleum residues, and spent catalysts to produce vanadium pentoxide (its CAS No. is 1314-62-1), ferrovanadium,and vanadium metal. Recycling of it was negligible; only small quantities of vanadium-based catalysts and vanadium-aluminum alloy were recycled.
Vanadium (its CAS number is 7440-62-2 and the formula symbol is V ) consumption in the United States decreased for the third consecutive year. Metallurgical applications in which vanadium was used as a minor alloying element with iron, steel,and titanium remained the dominant use and accounted for more than 90% of domestic consumption. The largest non metallurgical use was in catalysts.
The U.S. Geological Survey (USGS) estimates that the reserve base is more than 27 million metric tons, a sufficiently large supply that by itself can satisfy the market forseveral hundred years at the present rate of consumption. Additionally, the expected increase recovery of vanadium fromspent catalyst, fly ash, and petroleum residues will extend the viability of the reserve base significantly.