EuroChem Group, a Russian producer and exporter, is challenging U.S. duties on phosphate fertilizer, arguing to a federal court that the U.S. Department of Commerce miscalculated the extent of foreign subsidies in the form of cheap natural gas, according to a Bloomberg Law report. The U.S. recently began imposing countervailing duties (CVD) on Russian phosphate fertilizers. DOC calculated subsidy margins and corresponding duty rates of 47.05 percent on EuroChem and 9.19 percent of Russia’s PhosAgro and 17.2 percent for other Russian producers. DOC imposed a rate of 19.97 on phosphates from Morocco’s OCP SA.
Transparency Across the Fertilizer Value-Chain