U.S. Probes Russian Palladium for Unfair Low Pricing
Published Date: 8/22/2025
Notice
Summary
The U.S. Department of Commerce is starting an investigation to see if Russia is selling unwrought palladium in the U.S. at unfairly low prices. This affects American palladium producers and workers who say Russian imports might be hurting their business. The investigation began on August 19, 2025, and could lead to extra taxes on Russian palladium imports to protect U.S. jobs and companies.
Analyzed Economic Effects
3 provisions identified: 1 benefits, 2 costs, 0 mixed.
Very Large Estimated Dumping Margin
In its initiation materials Commerce reports an estimated dumping margin of 828.09 percent for unwrought palladium from Russia based on comparisons of export price to normal value. This figure is the reported estimate used at initiation of the investigation.
Investigation Could Lead To Import Duties
Commerce initiated a less-than-fair-value (antidumping) investigation of unwrought palladium from the Russian Federation on August 19, 2025. The petition covers the period January 1, 2025 through June 30, 2025 and states the investigation could lead to extra taxes (antidumping duties) on Russian palladium imports to protect U.S. producers and workers.
Russia Treated as Non‑Market Economy
For this investigation Commerce continues to treat the Russian Federation as a non‑market economy (NME). Commerce will use Malaysia as the surrogate country to value most factors of production and Romania to value palladium, platinum, and rhodium for initiation purposes.
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Key Dates
Department and Agencies
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