Palladium CVD Investigation: Preliminary Affirmative Determination

ITA AD/CVD Case Announcements

Filed March 6th, 2026

Detected March 7th, 2026

Summary

The U.S. Department of Commerce announced a preliminary affirmative determination in the countervailing duty investigation of unwrought palladium from the Russian Federation. Preliminary subsidy rates for Russian exporters were determined to be 109.10%. The final determination is scheduled for May 20, 2026.

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What changed

The U.S. Department of Commerce has made a preliminary affirmative determination in the countervailing duty (CVD) investigation of unwrought palladium originating from the Russian Federation. This determination indicates that Commerce has found preliminary evidence of subsidies provided by the Russian government to its palladium producers, with preliminary subsidy rates for exporters like JSC Urals Innovative Technologies and Prioksky Plant of Non Ferrous Metals set at 109.10%. The investigation, case number C-821-841, is being pursued at the request of petitioners Stillwater Mining Company and the United Steelworkers Union.

This preliminary finding means that U.S. Customs and Border Protection will likely require importers to post cash deposits based on these preliminary subsidy rates. The final determination in this CVD investigation is expected on May 20, 2026, unless postponed. Concurrently, the U.S. International Trade Commission is conducting an injury investigation. Companies involved in the import or trade of unwrought palladium from Russia should monitor the progress of these investigations and prepare for potential imposition of countervailing duties, which could significantly impact costs and supply chains.

What to do next

Monitor the final determination in the CVD investigation scheduled for May 20, 2026.
Review import statistics and potential subsidy programs related to unwrought palladium from Russia.
Consult with legal counsel regarding potential implications of countervailing duties.

Penalties

Potential imposition of countervailing duties on imports of unwrought palladium from Russia.

Source document (simplified)

Preliminary Affirmative Determination in the Countervailing Duty Investigation of Unwrought Palladium from the Russian Federation

On March 6, 2026, the U.S. Department of Commerce (Commerce) announced its preliminary affirmative determination in the countervailing duty (CVD) investigation of unwrought palladium from the Russian Federation (Russia).

Preliminary Subsidy Rates

Russia

| Exporter/Producer | Subsidy Rate (percent) |
| --- | --- |
| JSC Urals Innovative Technologies | 109.10* |
| Prioksky Plant of Non Ferrous Metals | 109.10* |
| All Others | 109.10 |
*Rate based on facts available with adverse inferences.

Import Statistics

| Russia | 2022 | 2023 | 2024 |
| --- | --- | --- | --- |
| Volume (g) | 20,423,499 | 23,828,664 | 27,599,298 |
| Value (USD) | $1,354,938,465 | $1,079,757,561 | $877,727,586 |
Source: U.S. Census Bureau, accessed through S&P Global Trade Atlas (Harmonized Tariff Schedule of the United States (HTSUS) subheading 7110.21.0000).

Next Steps

The final determination for the CVD investigation of unwrought palladium from Russia is scheduled to be announced on May 20, 2026, unless it is postponed.
Commerce is also conducting concurrent antidumping duty (AD) investigations of unwrought palladium from the Russia Federation.
The U.S. International Trade Commission (ITC) is conducting a concurrent injury investigation. For more information related to the ITC’s timeline, please refer to the ITC’s calendar.

Other Case Information

The petitioners are Stillwater Mining Company d/b/a Sibanye-Stillwater (Columbus, MT) and the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union, AFLCIO, CLC (Washington, DC).
For general information and next steps, please refer to a list of preliminary FAQs.
Additional case information, including the scope of the investigations and alleged subsidy programs, are on file electronically via Enforcement and Compliance’s Antidumping and Countervailing Duty Centralized Electronic Service System (ACCESS). Once you log in, please refer to case number C-821-841.
For more information on subsidy programs, please refer to the subsidies enforcement library.
To date, Commerce maintains 819 AD and CVD orders that provide relief to American companies and industries impacted by unfair trade.

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