CS Aluminium Corp in Taiwan demands anti-dumping tariffs on Chinese aluminium foils

CS Aluminium Corporation in Taiwan seeks the government to impose anti-dumping tariffs on Chinese made aluminium foil products. Taiwan Ministry of Finance, on 5^th August’20, revealed in a public notice on its website.

As per sources from the ministry, it has been stated: “An investigation is underway, and a provisional tariff could be put in place as early as late November if the allegations are verified.”

The petition of CS Aluminium says: “Artificially cheap Chinese-made aluminium foil products have been decimating local Taiwanese production, with prices as low as US$3,024 per tonne.”

“This is markedly lower than the price of similar South Korean products shipped to the US for at least US$4,197 per tonne”, the petition says.

“The dumping has caused almost all domestically produced aluminium products to be replaced by Chinese imports, resulting in a contraction in the domestic industry”, it says.

A Customs Administration auditor said: “Two key conditions have to be met before an anti-dumping tariff can be levied: There must be proof that the goods are being sold at below-market prices and evidence that the artificially low pricing is hurting Taiwanese businesses.”

“If the same goods are being sold at higher prices domestically in China than here in Taiwan, that is evidence of possible dumping,” said the auditor.

“Besides, there must be cause and effect between the artificially low prices and Taiwanese businesses being negatively affected,” the auditor said.

The auditor concluded by saying: “While a provisional tariff could be put in place as early as late November’20, the final judgement would take approximately a year. Once the final judgement is reached, the tariff would remain in place for five years, with the possibility of being renewed.”