Notice2026-03218

Unwrought Palladium From the Russian Federation: Preliminary Affirmative Determination of Sales at Less-Than-Fair Value

Primary source

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Published
February 19, 2026

Issuing agencies

Commerce DepartmentInternational Trade Administration

Abstract

The U.S. Department of Commerce (Commerce) preliminarily determines that unwrought palladium (palladium) from the Russian Federation (Russia) is being, or is likely to be, sold in the United States at less than fair value (LTFV). The period of investigation (POI) is January 1, 2025, through June 30, 2025. Interested parties are invited to comment on this preliminary determination.

Full Text

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<title>Federal Register, Volume 91 Issue 33 (Thursday, February 19, 2026)</title>
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[Federal Register Volume 91, Number 33 (Thursday, February 19, 2026)]
[Notices]
[Pages 7958-7960]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-03218]


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DEPARTMENT OF COMMERCE

International Trade Administration

[A-821-840]


Unwrought Palladium From the Russian Federation: Preliminary 
Affirmative Determination of Sales at Less-Than-Fair Value

AGENCY: Enforcement and Compliance, International Trade Administration, 
Department of Commerce.

SUMMARY: The U.S. Department of Commerce (Commerce) preliminarily 
determines that unwrought palladium (palladium) from the Russian 
Federation (Russia) is being, or is likely to be, sold in the United 
States at less than fair value (LTFV). The period of investigation 
(POI) is January 1, 2025, through June 30, 2025. Interested parties are 
invited to comment on this preliminary determination.

DATES: Applicable February 19, 2026.

FOR FURTHER INFORMATION CONTACT: Benjamin Nathan or Rebecca Janz, AD/
CVD Operations, Office II, Enforcement and Compliance, International 
Trade Administration, U.S. Department of Commerce, 1401 Constitution 
Avenue NW, Washington, DC 20230; telephone: (202) 482-3834 or (202) 
482-2972, respectively.

SUPPLEMENTARY INFORMATION:

Background

    This preliminary determination is made in accordance with section 
733(b) of the Tariff Act of 1930, as amended (the Act). Commerce 
published the notice of initiation of this investigation on August 22, 
2025.\1\ Due to the lapse in appropriations and Federal Government 
shutdown, on November 14, 2025, Commerce tolled all deadlines in 
administrative proceedings by 47 days.\2\ Additionally, due to a 
backlog of documents that were electronically filed via Enforcement and 
Compliance's Antidumping and Countervailing Duty Centralized Electronic 
Service System (ACCESS) during the Federal Government shutdown, on 
November 24, 2025, Commerce tolled all deadlines in administrative 
proceedings by an additional 21 days.\3\
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    \1\ See Unwrought Palladium from the Russian Federation: 
Initiation of Less-Than-Fair-Value Investigations, 90 FR 41032 
(August 22, 2025) (Initiation Notice).
    \2\ See Memorandum, ``Deadlines Affected by the Shutdown of the 
Federal Government,'' dated November 14, 2025.
    \3\ See Memorandum, ``Tolling of all Case Deadlines,'' dated 
November 24, 2025.
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    For a complete description of the events that followed the 
initiation of this investigation, see the Preliminary Decision 
Memorandum.\4\ A list of topics included in the Preliminary Decision 
Memorandum is included as Appendix II to this notice. The Preliminary 
Decision Memorandum is a public document and is on file electronically 
via ACCESS. ACCESS is available to registered users at <a href="https://access.trade.gov">https://access.trade.gov</a>. In addition, a complete version of the Preliminary 
Decision Memorandum can be accessed directly at <a href="https://access.trade.gov/public/FRNoticesListLayout.aspx">https://access.trade.gov/public/FRNoticesListLayout.aspx</a>.
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    \4\ See Memorandum, ``Decision Memorandum for the Preliminary 
Affirmative Determination in the Less-Than-Fair-Value Investigation 
of Unwrought Palladium from the Russian Federation,'' dated 
concurrently with, and hereby adopted by, this notice (Preliminary 
Decision Memorandum).
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Scope of the Investigation

    The product covered by this investigation is palladium from Russia. 
For a complete description of the scope of this investigation, see 
Appendix I.

Scope Comments

    In accordance with the Preamble to Commerce's regulations,\5\ the 
Initiation Notice set aside a period of time for parties to raise 
issues regarding product coverage (i.e., scope).\6\ No interested party 
commented on the scope of the investigation as it appeared in the 
Initiation Notice. Accordingly, Commerce is not preliminarily modifying 
the scope language as it appeared in the Initiation Notice.
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    \5\ See Antidumping Duties; Countervailing Duties, Final Rule, 
62 FR 27296, 27323 (May 19, 1997) (Preamble).
    \6\ See Initiation Notice, 90 FR at 41033.
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Methodology

    Commerce is conducting this investigation in accordance with 
section 731 of the Act. Furthermore, pursuant to sections 776(a) and 
(b) of the Act, Commerce preliminarily has relied upon facts otherwise 
available, with adverse inferences, for the Russia-wide entity. For a 
full description of the methodology underlying Commerce's preliminary 
determination, see the Preliminary Decision Memorandum.

Combination Rates

    In the Initiation Notice,\7\ Commerce stated that it would 
calculate producer/exporter combination rates for the respondents that 
are eligible for a separate rate in this investigation. Policy Bulletin 
05.1 describes this practice.\8\ In this case, because no respondent 
applied for a separate rate, producer/exporter combination rates were 
not calculated.
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    \7\ Id., 90 FR at 41036.
    \8\ See Enforcement and Compliance's Policy Bulletin No. 05.1, 
regarding, ``Separate-Rates Practice and Application of Combination 
Rates in Antidumping Investigations involving Non-Market Economy 
Countries,'' (April 5, 2005) (Policy Bulletin 05.1), available on 
Commerce's website at <a href="https://enforcement.trade.gov/policy/bull05-1.pdf">https://enforcement.trade.gov/policy/bull05-1.pdf</a>.
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Preliminary Determination

    Commerce preliminarily determines that the following estimated 
weighted-average dumping margin exists:

------------------------------------------------------------------------
                                                              Estimated
                                                              weighted-
                                                               average
                     Producer/exporter                         dumping
                                                                margin
                                                              (percent)
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Russia-wide Entity *.......................................      132.83
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 Rate based on facts otherwise available with adverse inferences.

Suspension of Liquidation

    In accordance with section 733(d)(2) of the Act, Commerce will 
direct U.S. Customs and Border Protection (CBP) to suspend liquidation 
of subject merchandise, as described in Appendix I, entered, or 
withdrawn from warehouse, for consumption on or after the date of 
publication of this notice in the Federal Register, as discussed below. 
Further, pursuant to section 733(d)(1)(B) of the Act and 19 CFR 
351.205(d), Commerce will instruct CBP to require a cash deposit equal 
to the weighted average amount by which normal value exceeds U.S. 
price, as indicated in the chart above as follows: (1) for all 
combinations of Russian producers/exporters of merchandise under 
consideration that have not established eligibility for their own 
separate rates, the cash deposit rate will be equal to the estimated 
weighted-average dumping margin established for the Russia-wide entity; 
and (2) for all

[[Page 7959]]

third-county exporters of merchandise under consideration not listed in 
the table above, the cash deposit rate is the cash deposit rate 
applicable to the Russia producer/exporter combination (i.e., the 
Russia-wide entity) that supplied that third-country exporter.
    To determine the cash deposit rate, Commerce normally adjusts the 
estimated weighted-average dumping margin by the amount of domestic 
subsidy pass-through and export subsidies determined in a companion 
countervailing duty (CVD) proceeding when CVD provisional measures are 
in effect. However, Commerce has not yet made a preliminary CVD 
determination. Accordingly, Commerce has not offset the estimated 
weighted-average dumping margin in this preliminary determination.
    These suspension of liquidation instructions will remain in effect 
until further notice.

Disclosure

    Normally, Commerce discloses to interested parties the calculations 
performed in connection with a preliminary determination within five 
days of its public announcement or, if there is no public announcement, 
within five days of the date of publication of the notice of 
preliminary determination in the Federal Register, in accordance with 
19 CFR 351.224(b). However, because Commerce preliminarily applied 
total facts otherwise available with adverse inferences to the Russia-
wide entity in this investigation, in accordance with section 776 of 
the Act, there are no calculations to disclose.

Verification

    Because the respondent in this investigation did not provide 
information requested by Commerce and Commerce preliminarily determines 
the mandatory respondent to have been uncooperative, verification will 
not be conducted.

Public Comment

    Case briefs or other written comments may be submitted to the 
Assistant Secretary for Enforcement and Compliance no later than 30 
days after the date of publication of the preliminary determination.\9\ 
Rebuttal briefs, limited to issues raised in the case briefs, may be 
filed not later than five days after the date for filing case 
briefs.\10\ Interested parties who submit case or rebuttal briefs in 
this proceeding must submit: (1) a table of contents listing each 
issue; and (2) a table of authorities.\11\
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    \9\ See 19 CFR 351.309(c)(1)(i); see also 19 CFR 351.303 for 
general filing requirements.
    \10\ See 19 CFR 351.309(d); see also Administrative Protective 
Order, Service, and Other Procedures in Antidumping and 
Countervailing Duty Proceedings, 88 FR 67069, 67077 (September 29, 
2023) (APO and Service Final Rule).
    \11\ See 19 351.309(c)(2) and (d)(2).
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    As provided under 19 CFR 351.309(c)(2)(iii) and (d)(2)(iii), we 
request that interested parties provide at the beginning of their 
briefs a public, executive summary for each issue raised in their 
briefs.\12 \Further, we request that interested parties limit their 
executive summary of each issue to no more than 450 words, not 
including citations. We intend to use the executive summaries as the 
basis of the comment summaries included in the issues and decision 
memorandum that will accompany the final determination in this 
investigation. We request that interested parties include footnotes for 
relevant citations in the executive summary of each issue. Note that 
Commerce has amended certain of its requirements pertaining to the 
service of documents in 19 CFR 351.303(f).\13\
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    \12\ We use the term ``issue'' here to describe an argument that 
Commerce would normally address in a comment of the Issues and 
Decision Memorandum.
    \13\ See APO and Service Final Rule, 88 FR at 67080.
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    Pursuant to 19 CFR 351.310(c), interested parties who wish to 
request a hearing, limited to issues raised in the case and rebuttal 
briefs, must submit a written request to the Assistant Secretary for 
Enforcement and Compliance, U.S. Department of Commerce, within 30 days 
after the date of publication of this notice. Requests should contain 
the party's name, address, and telephone number; the number of 
participants and whether any participant is a foreign national; and a 
list of the issues to be discussed. If a request for a hearing is made, 
Commerce intends to hold the hearing at a time and date to be 
determined.

Final Determination

    Section 735(a)(1) of the Act and 19 CFR 351.210(b)(1) provide that 
Commerce will issue the final determination within 75 days after the 
date of its preliminary determination. Accordingly, Commerce will make 
its final determination no later than 75 days after the signature date 
of this preliminary determination.

U.S. International Trade Commission Notification

    In accordance with section 733(f) of the Act, Commerce will notify 
the U.S. International Trade Commission (ITC) of its preliminary 
determination of sales at LTFV. If the final determination is 
affirmative, the ITC will determine before the later of 120 days after 
the date of this preliminary determination or 45 days after the final 
determination whether imports of the subject merchandise are materially 
injuring, or threaten material injury to, the U.S. industry.

Notification to Interested Parties

    This determination is issued and published in accordance with 
sections 733(f) and 777(i)(1) of the Act, and 19 CFR 351.205(c).

     Dated: February 9, 2026.
Christopher Abbott,
Deputy Assistant Secretary for Policy and Negotiations, performing the 
non-exclusive functions and duties of the Assistant Secretary for 
Enforcement and Compliance.

Appendix I

Scope of the Investigation

    The scope of this investigation is unwrought palladium. 
Unwrought palladium includes palladium, whether or not refined, in 
the form of ingots, blocks, lumps, billets, cakes, slabs, pigs, 
cathodes, anodes, briquettes, cubes, sticks, grains, sponge, 
pellets, shot, powder, and similar primary forms.
    Unwrought palladium is covered by the scope regardless of 
production method. The scope includes unwrought palladium produced 
through ore extraction, unwrought palladium produced by recycling 
palladium-containing scrap, unwrought palladium produced by any 
other method, and blends of unwrought palladium produced by 
different methods.
    The scope includes unwrought palladium that is commingled with 
unwrought palladium from sources not subject to this investigation 
or commingled with other metals. Only the subject unwrought 
palladium component of such commingled products is covered by the 
scope of this investigation.
    Subject merchandise includes merchandise matching the above 
description that has been finished, packaged, or otherwise processed 
in a third country, including by refining, grinding, commingling, 
adding or removing additives (such as other metals), or performing 
any other finishing, packaging, or processing that would not 
otherwise remove the merchandise from the scope of the investigation 
if performed in the subject country.
    The covered merchandise is currently classified in the 
Harmonized Tariff Schedule of the United States (HTSUS) at 
subheading 7110.21.0000. Unwrought palladium meeting the scope 
description may also enter under HTSUS subheading 7110.29.0000. 
Although the HTSUS subheadings are provided for convenience and for 
customs purposes, the written description of the subject merchandise 
is dispositive.

[[Page 7960]]

Appendix II

List of Topics Discussed in the Preliminary Decision Memorandum

I. Summary
II. Background
III. Period of Investigation
IV. Discussion of the Methodology
V. Adjustment Under Section 777(A)(f) of the Act
VI. Adjustments to Cash Deposit Rates for Export Subsidies in the 
Companion Countervailing Duty Investigation
VII. Recommendation

[FR Doc. 2026-03218 Filed 2-18-26; 8:45 am]
BILLING CODE 3510-DS-P


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Indexed from Federal Register on February 19, 2026.

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