The main theme of the document concerns anti-dumping (AD) and countervailing duty (CVD) petitions filed against imports of Russian unprocessed palladium into the United States.
The document discusses the implications of these petitions for the palladium market, including a 25% increase in palladium prices following the filing of the petitions. It also examines issues related to the decline in domestic palladium supply in the US and increased imports from Russia. The document emphasizes that preliminary ITC findings have already established a reasonable indication of material injury, with further decisions on CVD and AD expected in December 2025 and January 2026, respectively.