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China to continue dumping aluminium extrusions, says US Dept of Commerce
- China Aluminium Network
- Post Time: 2016/8/9
- Click Amount: 554
The U.S. industry bodies have been literally waging a war against the rising aluminium extrusions dumping by China. In the wake of their efforts which have of late moved beyond boundaries to stir the European aluminium industry as well, duties on Chinese aluminium extrusions have been elimintaed.
Market watchers believe, this elimination of duties is going to worsen the situation further. According to the US Department of Commerce, it would lead to either recurrence or continuation of countervailable subsidies and dumping. This is the first sunset review of duties that were instituted in 2011.
Going by the Commerce estimate, if the duties were lifted, the amount of dumping would justify weighted-average dumping margins of up to 33.28 per cent. The amount of net countervailable subsidies that would take place if the duties were lifted would be 12.05-374.15 per cent, depending on the producer or exporter, Commerce reasoned.
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