Aluminum Association applauds Department of Commerce‘s determination on Chinese aluminium foil import

<p>On August 8, U.S. Department of Commerce announced its preliminary determination that imports of certain aluminium foil from China are benefitting from unfair government subsidies.&nbsp; Aluminum Association applauds this preliminary determination in foil investigation.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/foil3.jpg" alt="News" width="517" height="226" /></p> <p>&ldquo;The association and its foil-producing members are very pleased with the Commerce Department&rsquo;s finding and we greatly appreciate Secretary Ross&rsquo;s leadership in enforcing U.S. trade laws to combat unfair practices,&rdquo; said Heidi Brock, President and CEO of the Aluminum Association.</p> <p>&ldquo;This is an important step to begin restoring a level playing field for U.S. aluminum foil production, an industry that supports more than 20,000 direct, indirect, and induced American jobs, and accounts for $6.8 billion in economic activity,&rdquo; she added.</p> <p>This was a follow up on the antidumping and countervailing duty petitions filed by The Aluminum Association&rsquo;s Trade Enforcement Working Group on March 9, 2017. The Commerce Department is investigating 26 different subsidy programs maintained by the Government of China. Imports of aluminium foil from China increased by nearly 40%between 2014 and 2016 and in 2016, &nbsp;&nbsp;China accounted for more than 70 per cent of all imports.&nbsp;</p> <p>Based on information gathered to date, the Commerce Department calculated preliminary subsidy margins ranging from 16.56 to 80.97 per cent of the value of the imported aluminium foil for different foil producers in China.</p> <p>{googleAdsense}</p> <p>The Commerce Department may now issue its preliminary antidumping duty determination, which is scheduled to be announced on Thursday, October 5, 2017.&nbsp; If an affirmative determination is issued by the department, U.S. importers will be required to post cash deposits or bonds on all entries of aluminium foil from China.</p> <p>Commerce Department&rsquo;s investigation on foil includes all imports from China of aluminium foil that is less than 0.2 mm in thickness (less than 0.0078 inches) in reels weighing more than 25 pounds and that is not backed, etched for use in capacitors, or cut to shape.&nbsp;&nbsp;</p>