USEC Inc

Published : November 13th, 2013

News Release: U.S. International Trade Commission Votes 3-1 for Continued Duties on Import

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Keywords :   Uranium |

FOR IMMEDIATE RELEASE:
November 13, 2013

U.S. International Trade Commission Votes 3-1 for Continued Duties
 on Imported French Low Enriched Uranium
Vote Leaves in Place Duties First Imposed in 2002 and Renewed in 2007

BETHESDA, Md. - USEC Inc. (NYSE: USU) learned today that the United States International Trade Commission (ITC) today voted 3-1 to leave in place duties on French low enriched uranium. The duties were first established in 2002 and renewed in 2007 following a comprehensive investigation by the U.S. Commerce Department and the ITC.

The vote ensures that the U.S. Commerce Department's order imposing dues on French low enriched uranium to offset dumping, which has been detrimental to America's uranium enrichment industry, will remain in place for at least five more years.

The duties were imposed under a procedure permitted by the General Agreement on Tariffs and Trade and the World Trade Organization.

USEC Inc., a global energy company, is a leading supplier of enriched uranium fuel for commercial nuclear power plants.

###

Contact:
Media: Paul Jacobson (301) 564-3399
Investors: Steven Wingfield (301) 564-3354

 

 



USEC Inc.
6903 Rockledge Drive, Bethesda, MD. 20817
Telephone
  301-564-3391  Fax  301-564-3211  www.usec.com


USEC Inc

CODE : USU
ISIN : US90333E2072
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USEC is a uranium producing company based in United states of america.

USEC is listed in Germany and in United States of America. Its market capitalisation is US$ 36.3 millions as of today (€ 34.6 millions).

Its stock quote reached its highest recent level on December 31, 2009 at US$ 99.75, and its lowest recent point on September 29, 2014 at US$ 0.80.

USEC has 7 632 669 shares outstanding.

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