Imports of ferrosilicon from Venezuela do not hurt American producers, said the US International Trade Commission Tuesday, ending an attempt to impose tariffs on imported products.
American producers had filed a complaint alleging that the articles used as an alloying agent in the production of steel and cast iron were sold too inexpensively in the United States.
The US Commerce Department had established tariffs of 22.84 percent on the products, but those will be revoked.
In 2013, imports of ferrosilicon from Venezuela to the US were valued at $43.3 million.