2025-16157Notice

Commerce Investigates Russian Subsidies on Palladium Imports

Published Date: 8/22/2025

Notice

Summary

The U.S. is starting an investigation into whether Russia is unfairly helping its palladium producers by giving them special benefits. This could lead to extra taxes on Russian palladium imports, helping American workers and companies like Sibanye-Stillwater. The investigation kicked off on August 19, 2025, and could impact prices and trade soon.

Analyzed Economic Effects

3 provisions identified: 1 benefits, 0 costs, 2 mixed.

U.S. Opens CVD Probe on Russian Palladium

The Department of Commerce initiated a countervailing duty (CVD) investigation into unwrought palladium from the Russian Federation effective August 19, 2025. The petition was filed on July 30, 2025, Commerce will make a preliminary CVD determination no later than 65 days after initiation, and the U.S. International Trade Commission will make a preliminary injury determination within 45 days after the petition filing.

Domestic Producer & Union Filed Petition

The petition was filed on behalf of Stillwater Mining Company d/b/a Sibanye-Stillwater and the United Steelworkers union on July 30, 2025, and Commerce found the petition had sufficient domestic industry support to initiate the CVD investigation. The petition alleges 34 subsidy programs and relies on production data for 2024 as the period of investigation.

Which Palladium Shipments Are Covered

The investigation covers unwrought palladium in primary forms (ingots, powder, sponge, etc.), including material processed in a third country, and identifies HTSUS subheading 7110.21.0000 and potentially 7110.29.0000 as customs classifications. If your imports fall under these descriptions or HTSUS codes, they are within the scope of the investigation.

Personalized for You

How does this regulation affect your finances?

Personalize government policy and PRIA will tell you what this federal register document means for your household, plus every other regulation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Key Dates

Effective Date
Published Date
8/19/2025
8/22/2025

Department and Agencies

Department
Independent Agency
Agency
Commerce Department
International Trade Administration
Source: View HTML

Related Federal Register Documents

Previous / Next Documents

Back to Federal Register