08 AUGUST 2016AlCircle.com
China to continue dumping aluminium extrusions, says US Dept of Commerce
Edited by : Dipanwita Gupta
1 min read
<p>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, it was speculated that duties on Chinese aluminium extrusions in the U.S. market could be eliminated. <br /><br />Market watchers believe, this elimination of duties, if decided on, will 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.<br /><br /><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/extrusions.jpg" alt="News" width="600" height="300" /><br /><br />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.</p>
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