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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (100643)5/8/2001 4:15:54 PM
From: C.K. Houston  Read Replies (1) of 436258
 
FYI - DJN 08 May 15:35 USEC: Commerce Dept. Imposing Duties On Uranium Imports

USEC WINS PRELIMINARY RULING IN TRADE CASE
Government orders Foreign Firms to post bonds for unfair subsidies of enriched uranium

BETHESDA, Md.--(BUSINESS WIRE)--May 8, 2001--The U.S. Department of Commerce (DOC) issued a preliminary ruling today that European producers of enriched uranium imported into the United States are being unfairly subsidized by their governments. To mitigate the subsidies' impact on the sole domestic enricher, USEC Inc. (NYSE:USU.N), the DOC has preliminarily determined that countervailing duties should be imposed on future imports of enriched uranium produced by Eurodif,S.A., which is controlled by the French government, and Urenco, Ltd.,a British-Dutch-German consortium that is also substantially government-owned ...
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